A Surprise from JPMorgan: ‘Bitcoin Has Intrinsic Value’ [ Cryptonews]

Hand holding smart phone mobile with bitcoin currency symbol

“Bitcoin has intrinsic value, admitted a team of strategists at major investment bank JPMorgan Chase & Co and warned that the coin mirrors a boom-bust pattern of 2017. According to the strategists, bitcoin price now surges beyond its “intrinsic value,” trading about twice as high as where the valuation would place it, Bloomberg reported.” […]

Full Story:https://cryptonews.com/news/a-surprise-from-jpmorgan-bitcoin-has-intrinsic-value-3896.htm