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JPMorgan says BTC looks cheap next to gold, points to $170K fair value

Analysts at financial services giant JPMorgan forecast “significant upside” for Bitcoin over the next months in a report on Wednesday.

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JPMorgan says BTC looks cheap next to gold, points to $170K fair value

Analysts at financial services giant JPMorgan forecast “significant upside” for Bitcoin over the next months in a report on Wednesday.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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