JPMorgan claims Bitcoin more attractive than gold post deleveraging
Key Takeaways
- JPMorgan analysts view Bitcoin as more attractive than gold after recent deleveraging in the market.
- The recent price collapse to below $100,000 was viewed as a technical market event driven by deleveraging and security scares.
JPMorgan, a major US bank, claims Bitcoin has become more attractive than gold following a period of deleveraging, MarketWatch reported today.
Analyst Nikolaos Panigirtzoglou noted that a sharp liquidation in perpetual futures and a $128 million crypto theft from the decentralized-finance protocol Balancer contributed to the recent pullback.
Panigirtzoglou estimates Bitcoin could climb to $170,000 over the next 6–12 months on a volatility-adjusted basis.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed's Balancing Act: Navigating Inflation and Employment in the 2025 Interest Rate Challenge
- The Fed debates 2025 rate cuts to balance 3% inflation control with a cooling labor market, as policymakers like Jefferson advocate a slow easing approach. - Mixed signals persist: U.S.-China trade deal eased volatility but left businesses cautious, while Matson's 12.8% China service decline highlights lingering tensions. - Market expects 25-basis-point December cut, but Powell warns uncertainty remains, compounded by government shutdown limiting key data access. - Rate-cut expectations boosted municipal
Bitcoin News Update: Institutions Pour In Funds Despite Bitcoin Downturn: ETFs Draw $240M During Market Turbulence
- Bitcoin ETFs saw $240M net inflows on Nov 6, ending a six-day outflow streak led by BlackRock's IBIT and Fidelity's FBTC. - Despite Bitcoin's 9% weekly price drop to $100,768, institutional confidence grew in regulated, low-fee ETF products amid market volatility. - Altcoin ETFs gained traction while total crypto ETPs faced $246.6M outflows, highlighting diverging investor priorities. - Analysts attribute Bitcoin's decline to internal dynamics, not ETFs, as on-chain data shows easing sell-pressure and st
Hyperliquid's 2025 Boom: Blockchain-Based Liquidity and Shifting Retail Trading Trends
- Hyperliquid's TVL surged to $5B in Q3 2025, capturing 73% of decentralized perpetual trading volume via on-chain liquidity and retail demand. - Technological innovations like HyperEVM and strategic partnerships drove $15B open interest, outpacing centralized rivals' combined liquidity. - Retail traders executed extreme leverage (20x BTC/XRP shorts) and $47B weekly volumes, highlighting both platform appeal and liquidation risks. - Institutional interest (21Shares ETF application) and deflationary tokenom
U.S. Pursues Five-Year Prison Terms in Cryptocurrency Privacy Lawsuit, Challenging Developer Responsibility
- U.S. prosecutors seek 5-year sentences for Samourai Wallet co-founders over $237M crypto laundering via privacy tools. - Case highlights DOJ's strategy to hold crypto platform operators liable for criminal user activity, mirroring Tornado Cash legal battle. - Defense argues for reduced sentences citing cooperation, while prosecutors emphasize deterrence against privacy-focused financial innovation. - Outcome could set precedent for developer liability in DeFi, balancing privacy rights with regulatory com
