Bitcoin’s latest price retreat has reignited a familiar debate about its valuation relative to traditional assets like gold. Analysts at JPMorgan contend that the cryptocurrency remains significantly undervalued, asserting that its current price—hovering near $68,000—fails to reflect its long-term potential compared with gold’s market capitalization. Despite recent dips in both digital assets and equities, institutional… Continue reading JPMorgan Warns Bitcoin Undervalued Against Gold Amid Renewed Market Weakness
Tag: JPMorgan
JPMorgan Expands Crypto Strategy: Bitcoin and Ether Accepted as Collateral
JPMorgan Chase, a leading global financial institution, has announced it will allow clients to use Bitcoin and Ethereum as collateral for loans, signaling a major shift in mainstream banking’s approach to cryptocurrencies. This move reflects growing institutional confidence in digital assets and their integration into traditional finance. By accepting crypto as collateral, JPMorgan aims to… Continue reading JPMorgan Expands Crypto Strategy: Bitcoin and Ether Accepted as Collateral
JPMorgan Slashes Fees on Four Mutual Funds and One ETF Covering Rs. 5.8 Trillion in Assets
JPMorgan Asset Management has announced fee reductions across four of its mutual funds and one exchange-traded fund (ETF), collectively managing assets worth nearly Rs. 5.8 trillion ($70 billion). The move, aimed at enhancing competitiveness in a rapidly evolving investment landscape, underscores the industry-wide trend of large asset managers trimming costs to retain investors amid intensifying… Continue reading JPMorgan Slashes Fees on Four Mutual Funds and One ETF Covering Rs. 5.8 Trillion in Assets