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Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model

JPMorgan analysts forecast that Bitcoin (BTC) could reach $170,000 within the next six to twelve months, drawing on its historical valuation compared to gold. In a recent note, strategists indicated that the recent downturn in cryptocurrency markets, attributed mainly to liquidations in perpetual futures, has stabilized, suggesting that the

Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model

JPMorgan analysts project that Bitcoin (BTC) could reach a fair value of $170,000 within the next 6 to 12 months, significantly higher than its current valuation of around $102,000. The bank's forecast is based on Bitcoin's historical correlation with gold, asserting that it should

Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model

JPMorgan analysts predict Bitcoin (BTC) could reach $170,000 within the next six to twelve months based on its historical valuation relative to gold. The report states that recent selloffs in the cryptocurrency market were primarily due to liquidations in perpetual futures, but suggests that most of the deleveraging has

Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model

JPMorgan analysts predict Bitcoin could reach $170,000 within the next six to 12 months based on its historical valuation relative to gold. They noted that the recent selloff in crypto markets was driven by liquidations in perpetual futures, but they believe the worst is over. Bitcoin is currently undervalued

How This Crypto Influencer Won a $200K Bet by Predicting the Bitcoin Crash

A crypto influencer known as Keyboard Monkey won a $200,000 bet by correctly predicting that Bitcoin would drop to $100,000 before reaching $120,000. The bet, involving two influencers, had each put up $100,000 held in escrow by a prediction market platform developed by Dastan, the parent

How This Crypto Influencer Won a $200K Bet by Predicting the Bitcoin Crash

Two crypto influencers placed a $200,000 bet on whether Bitcoin would rise to $120,000 or fall to $100,000. Each influencer wagered $100,000, held in escrow by Myriad, while a prediction market tracked the shifting odds over 23 days. Initially, Keyboard Monkey, a bearish influencer, faced overwhelming

How This Crypto Influencer Won a $200K Bet by Predicting the Bitcoin Crash

A recent wager between two crypto influencers, Keyboard Monkey and another influencer, involved $100,000 each, predicting Bitcoin's price movements. The bet revolved around whether Bitcoin would rise to $120,000 or fall to $100,000. Over a 23-day period, the odds fluctuated significantly nine times before Keyboard