Bitcoin’s ascent to $35,000 has sparked a wave of renewed attention from Wall Street as the world’s first decentralized cryptocurrency soars past its all-time price peak from late 2017. Analysts at the biggest U.S. investment bank see even more upside from current levels in the coming months. JPMorgan & Chase recently published a note claiming the cryptocurrency has the potential to reach $146,000 as it competes with gold as a safe-haven asset. The precious metal may still rise despite the 25% jump in 2020.
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