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Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan

October 8, 2021 by DIGIT
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According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.

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Categories Bitcoin, buy, gold, Inflation, institutional, Investors, JPMorgan
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  • bitcoinBitcoin(BTC)$69,444.000.34%
  • ethereumEthereum(ETH)$2,491.78-0.85%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$569.55-0.28%
  • solanaSolana(SOL)$166.370.69%
  • usd-coinUSDC(USDC)$1.000.02%
  • rippleXRP(XRP)$0.51-1.00%
  • staked-etherLido Staked Ether(STETH)$2,490.86-0.87%
  • dogecoinDogecoin(DOGE)$0.159413-0.48%
  • tronTRON(TRX)$0.166072-0.68%
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  • bitcoinBitcoin(BTC)$69,444.000.34%
  • ethereumEthereum(ETH)$2,491.78-0.85%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$569.55-0.28%
  • solanaSolana(SOL)$166.370.69%
  • usd-coinUSDC(USDC)$1.000.02%
  • rippleXRP(XRP)$0.51-1.00%
  • staked-etherLido Staked Ether(STETH)$2,490.86-0.87%
  • dogecoinDogecoin(DOGE)$0.159413-0.48%
  • tronTRON(TRX)$0.166072-0.68%