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JPMorgan Admits It Was Wrong About End Of Bitcoin Bull Run, Renews $140,000-Plus Price Forecast
At the time of this writing, the cryptocurrency known as Bitcoin has seen its value skyrocket to around $19,000 after dropping down to around just $4,840 in mid-March. This is significant because the all-time high for the cryptocurrency is $19,783 back in December of 2017, only to drop down to as low as $3,122. chart Within the past year, the price of Bitcoin has more than doubled, posting close to $10,000 in growth in the last two months alone. As Ethan Yang writes at The American Institute for Economic Research, with most of the news attention on Covid-19, the presidential election, and so on, it is understandable ... (full story)