Bitcoin Over $36000 and JP Morgan Has $146,000 Price Target

Bitcoin is trading over $35,000 and Ethereum is trading a bit over or bit under $1200.

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