JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility – Bitcoin News

Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced in recent times.

JPMorgan Changes Long-Term Bitcoin Price Estimate

JPMorgan, one of the biggest financial institutions in the world, has drastically changed its…


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