Bitcoin Is like an “Economic Side Show” when Compared to the Fintech Boom, JPMorgan Analysts Argue
JP Morgan says that Bitcoin (BTC) is like an “economic side show” when compared to the emergence of many new Fintech businesses. The bank’s analysts have argued that Bitcoin is a poor hedge against the falling equity prices. The world’s leading digital currency is trading at well over $55,000 at the time of writing.