Will Bitcoin Climb to $165K?
In a new report, Wall Street giant J.P. Morgan concludes that bitcoin is undervalued relative to gold on a risk-adjusted basis and estimates it could climb 40% to $165,000 to align with the private gold market. In today's "Chart of the Day," presented by Crypto.com, CoinDesk's Jennifer Sanasie breaks down why investors are rushing to buy assets like bitcoin and gold and diversify away from the U.S. dollar. ...