Posted in Crypto News

JPMorgan Predicts $130,000 For Bitcoin Following Strong Institutional Adoption

JPMorgan shared that Bitcoin’s volatility is gradually dropping and this will ignite a massive and stronger institutional adoption.

The banking giant believes that Institutional Investors will feel more comfortable investing in bitcoin knowing that Bitcoin is less likely to be too unsteady.

JPMorgan predicted $130,000 price target for Bitcoin in the long-term in order to match the gold sector and also meet gold volatility level.