JPMorgan: Bitcoin Has Greater Upside Potential Than Gold

Bitcoin has been underperforming relative to gold, but JPMorgan's analysis suggests it could see a stronger rebound than gold once institutional hedging demand subsides. According to The Block, on July 17 (local time), a research team led by Nikolaos Panigirzoglou at JPMorgan compared institutional positioning around Bitcoin and gold in a recent report.