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The post JPMorgan claims Bitcoin more attractive than gold post deleveraging appeared on BitcoinEthereumNews.com. Key Takeaways JPMorgan analysts view Bitcoin as more attractive than gold after recent deleveraging in the market. The recent price collapse to below $100,000 was viewed as a technical market event driven by deleveraging and security scares. JPMorgan, a major US bank, claims Bitcoin has become more attractive than gold following a period of deleveraging, MarketWatch reported today. Analyst Nikolaos Panigirtzoglou noted that a sharp liquidation in perpetual futures and a $128 million crypto theft from the decentralized-finance protocol Balancer contributed to the recent pullback. Panigirtzoglou estimates Bitcoin could climb to $170,000 over the next 6–12 months on a volatility-adjusted basis. Source: https://cryptobriefing.com/jpmorgan-bitcoin-attractive-gold-deleveraging/The post JPMorgan claims Bitcoin more attractive than gold post deleveraging appeared on BitcoinEthereumNews.com. Key Takeaways JPMorgan analysts view Bitcoin as more attractive than gold after recent deleveraging in the market. The recent price collapse to below $100,000 was viewed as a technical market event driven by deleveraging and security scares. JPMorgan, a major US bank, claims Bitcoin has become more attractive than gold following a period of deleveraging, MarketWatch reported today. Analyst Nikolaos Panigirtzoglou noted that a sharp liquidation in perpetual futures and a $128 million crypto theft from the decentralized-finance protocol Balancer contributed to the recent pullback. Panigirtzoglou estimates Bitcoin could climb to $170,000 over the next 6–12 months on a volatility-adjusted basis. Source: https://cryptobriefing.com/jpmorgan-bitcoin-attractive-gold-deleveraging/

JPMorgan claims Bitcoin more attractive than gold post deleveraging

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/11/06 23:10
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Key Takeaways

  • JPMorgan analysts view Bitcoin as more attractive than gold after recent deleveraging in the market.
  • The recent price collapse to below $100,000 was viewed as a technical market event driven by deleveraging and security scares.

JPMorgan, a major US bank, claims Bitcoin has become more attractive than gold following a period of deleveraging, MarketWatch reported today.

Analyst Nikolaos Panigirtzoglou noted that a sharp liquidation in perpetual futures and a $128 million crypto theft from the decentralized-finance protocol Balancer contributed to the recent pullback.

Panigirtzoglou estimates Bitcoin could climb to $170,000 over the next 6–12 months on a volatility-adjusted basis.

Source: https://cryptobriefing.com/jpmorgan-bitcoin-attractive-gold-deleveraging/

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