JPMorgan says it is ‘unrealistic’ to expect Bitcoin to match gold within investor portfolios.

JP Morgan says claims that Bitcoin’s market capitalization would rise to $3.3 trillion if it matched gold in portfolios (meaning its price would more than double) ignores the risks. “It is unrealistic to expect Bitcoin to match gold in nominal terms within an investor’s portfolio,” a JPMorgan strategist stressed, adding: “Most investors consider risk and volatility (…)