Bitcoin Is a Sideshow & a Poor Hedge, but It’s Mainstream – JPMorgan

Credit: Original article published by Crypto News.

Source: JP Morgan, Instagram
Bitcoin (BTC) may be surging to never-seen-before heights as the week draws to a close, with prices surpassing the USD 53,000 mark for the first time today, but not everyone wants to sing its praises – nor those of altcoins – as JPMorgan’s analysts poured some water on the crypto fire.
The company has unveiled a new report that makes considerable mention of BTC

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