JPMorganChase: Bitcoin is “Too Cheap” as Volatility Hits Record Lows

A photo of gold bars. Some JPMorganChase analysts believe Bitcoin is undervalued compared to gold.

Analysts at JPMorgan Chase & Co. assert that Bitcoin (BTC) appears “too cheap” relative to gold following a historic decline in volatility—prompting a revised fair value estimate approximately 13% above current levels. Using a volatility-adjusted framework that benchmarks against gold’s private-investment market—valued at approximately $5 trillion, the bank concludes Bitcoin… Continue reading JPMorganChase: Bitcoin is “Too Cheap” as Volatility Hits Record Lows

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