Bitcoin could lose another third of its value having almost halved over the past two months, according to one of the world s biggest banks.
Analysts at JPMorgan – led by Wall Street titan Jamie Dimon – believe the crypto-currency could fall as low as $23,000.
In freefall?: Analysts at JPMorgan – led by Wall Street titan Jamie Dimon (pictured with wife Judith) – believe the crypto-currency could fall as low as $23,000
Bitcoin was trading at around $35,000 last night having peaked close to $65,000 in April.
It fell below $29,000 earlier this week. Dimon has long been sceptical about Bitcoin and in 2017 described the crypto-currency as a fraud , adding: It s worse than tulip bulbs. It won t end well. Someone is going to get killed.
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