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Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan

"The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced," a JPMorgan managing director wrote in the report.

Updated Sep 14, 2021, 10:40 a.m. Published Dec 9, 2020, 2:50 p.m.
JPMorgan Chase CEO Jamie Dimon
JPMorgan Chase CEO Jamie Dimon