Bitcoin ‘$68K too low’ versus gold says JPMorgan as BTC, stocks dip again
JPMorgan said that the latest BTC price drawdown meant that Bitcoin was now undervalued compared to gold, in contrast to the end of 2024.
Key points:
Bitcoin joins US stocks in erasing its latest gains as market nerves heighten over US economic cues.
Fed interest rate cut odds slowly increase, but analysis says that risk assets could get a nasty surprise.
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