Big investors are switching out of bitcoin and into traditional gold as inflation fears heat up, JPMorgan says

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By Yoongi in Business
Updated 3 years ago

Institutional investors are returning to gold as bitcoin's value tumbles, JPMorgan said. JPMorgan said that this is a reversal of the pro-bitcoin sentiment of the last two quarters. Bitcoin has been hailed as 'the new gold' by crypto fans as investors have piled into the market. Sign up here for...

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