Strategists at JPMorgan suggest that bitcoin is a ‘risk’ rather than a ‘safe asset.’

Strategists at JPMorgan believe that it is more appropriate to characterize bitcoin as a “risk” asset rather than a “safe” asset. This is because of how the leading cryptocurrency, bitcoin, has behaved over the past year against equity, JPMorgan strategists led by Nikolaos Panigirtzoglou said in a note published Friday. Since March 2020, the correlation between […]Read full post Strategists at JPMorgan suggest that bitcoin is a ‘risk’ rather than a ‘safe asset.’ on Chaintimes.com.