The JPMorgan Chase & Co bank said that the current situation of bitcoin resembles that of the cryptocurrency two years ago.
On the other hand, they indicated that the rise in prices of the digital asset means that the cryptocurrency is operating above its intrinsic value.
The bank wrote that…
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recovery
Bitcoin is undervalued according to analysts
The price of bitcoin follows the downward trend, which leads to think that the cryptocurrency has no future in the global financial market. Nonetheless, analysts point out that there is still hope that the asset retraces because it is…
Bitcoin price continues to rise in the market
The cryptocurrency market continues to show positive behavior this week, after having suffered large losses in the last days of the month of November.
For this Wednesday, the market of capitalization of the cryptocurrencies of the world…