Majority of JPMorgan Clients Expect Bitcoin to Trade at $60K or More by Year-End

Posted on by American Coins & Gold

Majority of JPMorgan Clients Expect Bitcoin to Trade at K or More by Year-End
JPMorgan said that according to a survey, majority of its clients expect bitcoin to trade at $60,000 or more by the end of this year.The Wall Street giant said in a note published last week that 55% of the clients surveyed see bitcoin reaching the $60,000 barrier.According to the survey, 41% of the bank’s clients see bitcoin trading at $60,000 at year-end, 9% see it crossing $80,000, and 5% see it trading above $100,000.On the other hand, 20% think it would trade around $40,000, 23% expect the digital currency to be trading at $20,000, while only 2% of the bank’s…