JPMorgan has said that Bitcoin could rally as high as $146,000 as it competes with gold as an alternative currency. JPMorgan says Bitcoin could climb to match the $2.7 trillion of private sector gold investment. Currently, Bitcoin has a $654 billion in market cap.
SOURCES- CNBC, Coinmarketcap
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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