JPMorgan says it is ‘unrealistic’ to expect bitcoin to match gold in investors’ portfolios.
JPMorgan's argument that bitcoin's market value would rise to $3.3 trillion if it matched gold in portfolios, representing more than a doubling in value, ignores risk. “It is unrealistic to expect bitcoin to match gold in investors' portfolios at a reasonable rate,” added one JPMorgan strategist, adding, “Most investors take risk and volatility.” […]
