Wu Blockchain (@WuBlockchain): JPM said retail and institutional investors have been buying both gold and bitcoin this year. The bank’s analysis shows a “sharp position build-up sin…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC+60Positive
JPM said retail and institutional investors have been buying both gold and bitcoin this year. The bank’s analysis shows a “sharp position build-up since February of $7b in bitcoin futures and $30b in gold futures.” The risk of mean reversion looks high, the bank said, which means…