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BitcoinThe post JPMorgan Says Bitcoin Is Undervalued, Sees Path To $165,000 appeared on BitcoinEthereumNews.com. Bitcoin could be undervalued compared to gold, according to new research from JPMorgan, which says the world’s largest cryptocurrency has “significant upside” if the so-called “debasement trade” continues to gather momentum. The bank’s analysts estimate bitcoin could climb as high as $165,000 — roughly 40% above current levels — based on vol…See the Story
Bitcoin Price (BTC) Analysis: 'Debasement Trade' to Boost Price, Says JPMorgan
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Department of the Treasury (USDT)Tether, the crypto firm behind the USDT (USDT) stablecoin, has added about $1 billion worth in bitcoin (BTC) to its reserves, bringing holdings to $9.7 billion as the supply of its flagship stablecoin rose to nearly $175 billion.Blockchain data by Arkham Intelligence shows that the address tagged as "Tether: Bitcoin Reserves" received 8,889 BTC from a wallet of Bitfinex, the crypto exchange closely associated with Tether. The address currently h…See the Story
Tether (USDT) Adds 8,889 BTC to Holdings
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InflationStocks printed fresh records and gold is on a tear crossing $3,900, but the last leg higher in traditional markets left bitcoin (BTC) behind.The largest crypto, often touted as digital gold, has been stuck in a $100,000–$120,000 range for nearly three months after setting new highs in July and August.The lag fits a pattern. Over the past couple of years, gold and bitcoin have taken turns: when gold breaks out, bitcoin tends to consolidate; when …See the Story
When Could Bitcoin (BTC) Price Break New Record Highs? Watch Out for Gold
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