JPMorgan says Bitcoin slightly overvalued as a commodity

by Aurelia Butler 14 October 2020, 21:20 119 Views

“The JPMorgan strategists said they calculated an intrinsic value by effectively treating Bitcoin as a commodity and looking at the marginal cost of production,” according to an Oct. 14 article from India’s BloombergQuint media outlet — a partnered entity involving Bloomberg and Quintillion Media. The article added:

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JPMorgan says Bitcoin slightly overvalued as a commodity

Dr. Fauci says his kids aren't coming home for Thanksgiving as Americans 'sacrifice' holiday gatherings to stay safe from coronavirus

Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows

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