A Surprise from JPMorgan: 'Bitcoin Has Intrinsic Value'

Cryptonews Bitcoin has intrinsic value, admitted a team of strategists at major investment bank JPMorgan Chase & Co and warned that the coin mirrors a boom-bust pattern of 2017. According to the strategists, bitcoin price now surges beyond its “intrinsic value,” trading about twice as high as where the valuation would place it, Bloomberg reported. The team have treated Bitcoi May 20, 2019 at 05:30PM By Crypto News