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JPMorgan Chase revises Bitcoin target



JPMorgan Chase noted in an email to customers on Thursday that the decline in Bitcoin volatility is positive for institutions’ interest in the asset.In an article about the issuer BloombergStrategists such as Nikolaos Panigirtzoglou of JPMorgan Chase wrote:

“These initial signs of normalization of Bitcoin volatility are encouraging… We believe that the potential normalization of Bitcoin volatility starting here may help revitalize institutional interest in the future.”


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