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JP MORGAN HATED BITCOIN. JP MORGAN: "Oh, volatility is lower. I may join BITCOIN" GEEZ

 
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04/02/2021 07:15 AM
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JP MORGAN HATED BITCOIN. JP MORGAN: "Oh, volatility is lower. I may join BITCOIN" GEEZ
Bloomberg Article:

Bitcoin Volatility Decline Paves Way for Banks, JPMorgan Says

Three-month, six-month realized volatility for coin has fallen
Signs of Bitcoin volatility normalization are encouraging: JPM

The recent pullback in Bitcoin’s volatility is setting the stage for a trend that could encourage institutions to dive in, according to JPMorgan Chase & Co.

“These tentative signs of Bitcoin volatility normalization are encouraging,” strategists including Nikolaos Panigirtzoglou wrote in report emailed Thursday. “In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going forward.”



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[link to www.bloomberg.com (secure)]
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