JPMorgan assures that the value of ethereum is very high

The American financial institution assured that the cryptocurrency should cost 75 % less, that is, approximately $ 1,000

The financial institution JPMorgan indicated that the current value of ethereum is well above what it should really cost.

According to the investors of the US bank, the cryptocurrency should cost 75 % less than it is currently worth in the market.

“Prices appear to have deviated from measurements of network activity since the beginning of this year,” the analysts wrote.

This week, the digital asset again presented an all-time high, settling at $ 4,197 according to data presented by the CoinMarketCap portal.

K. Tovar

Source: RT

You might also like