Bitcoin Price Dump, JPMorgan Says Investors Heading Back to Gold

Bitcoin Price Dump, JPMorgan Says Investors Heading Back to Gold

A Wednesday report from JPMorgan says that Institutional investors are dumping bitcoin in favor of gold, reversing a recent trend that’s played out over the last two quarters. The firm said large investors are shifting away from bitcoin after favoring the digital currency over gold beginning last Fall.

Our Daniela Cambone speaks with Todd “Bubba” Horwitz founder of bubbatrading.com and an avid market watcher, to get this thoughts on the move.

#bitcoin #gold #crypto

More on what’s behind the latest crypto plunge: https://stansberryinvestor.com/media-article/363849

Find the best opportunities in cryptocurrencies! Get access to Crypto Capital today! https://stansberryinvestor.com/research/research-products/crt

Get the premier research covering the gold sector: https://stansberryinvestor.com/research/research-products/gsap

Get the same kind of tools used by the world’s elite investors:
https://stansberryinvestor.com
______________________________

Follow us on Facebook: https://www.facebook.com/StansberryResearch
Follow us on Twitter: https://twitter.com/stansberry
Follow us on Instagram: https://www.instagram.com/stansberry_research
Follow us on LinkedIn: https://www.linkedin.com/company/stanberry-research

Related Post: