A Stunning JP Morgan Chart Hints that Bitcoin is Acting A Lot Like Gold

A Stunning JP Morgan Chart Hints that Bitcoin is Acting A Lot Like Gold

Summary: A chart by the team at JP Morgan Chase superimposes Bitcoin’s and Gold’s ratios of realized volatilities and hints that BTC is acting a lot like the latter asset. Bitcoin’s market cap and that of Gold could eventually equalize as they serve the same purpose. But Bitcoin’s volatility hinders…
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Source: Ethereum World News
Posted: 17 minutes ago