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3232JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
https://www.digit.info/jpmorgan-sees-bullish-outlook-for-bitcoin-as-inflation-concerns-push-btc-price-higher/
Sun, 24 Oct 2021 01:30:10 +0000https://www.digit.info/2021/10/24/jpmorgan-sees-bullish-outlook-for-bitcoin-as-inflation-concerns-push-btc-price-higher/Read more]]>Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish outlook for bitcoin into year-end.” […]
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish outlook for bitcoin into year-end.” […]