Bitcoin’s intrinsic value (an estimate of the actual true value) is still below market price, according to JPMorgan. “The gap has not yet fully closed, suggesting some downside risk remains,” said JPMorgan strategists led by Nikolaos Panigirtzoglou (MD for Global Market Strategy) in a note published Friday, as reported by Bloomberg. The market price of […]The post Bitcoin’s intrinsic value remains below market price, ‘suggesting some downside risk’ – JPMorgan appeared first on The Block.
