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2019-06-03 14:10:07

JPMorgan Casts A Sly Glance At Bitcoin: But Don’t Get Too Excited Yet

Not for the first time, JPMorgan & Chase is raising a stir in the crypto community. In a recent note, the bank’s strategists announced that they had calculated a fundamental valuation for Bitcoin (BTC), with a cost of production determined from the energy and resources used in the mining process, as Bloomberg reports. The community’s reaction […]The post JPMorgan Casts A Sly Glance At Bitcoin: But Don’t Get Too Excited Yet appeared first on Crypto Briefing.