JPMorgan: Bitcoin’s ‘digital gold’ narrative under pressure
Apr 03, 2025
<br>analysts at JPMorgan Chase said that Bitcoin, as the "digital gold," is facing pressure, while demand for gold remains strong. "The volatility of Bitcoin and its correlation with stocks have raised doubts about its 'digital gold' status." "Looking ahead, we believe that gold will continue to rise and become the main beneficiary of devaluation trading."