US banking giant JPMorgan stated that large institutional investors are staying away from the industry due to the high volatility of Bitcoin (BTC) and cryptocurrencies.
Head of Strategy for Corporate Portfolio at JPMorgan Jared Gross In a recent statement to Bloomberg, the Bitcoin and cryptocurrency industry is still to high volatility Despite the obvious internal of the value The lack of ownership makes it for large institutional investors. investment can’t be done in the status he said he did.
Strategist, as many large corporate companies are not entering the cryptocurrency sector comfortable a that they breathe He said he believed. Gross, the current bear market of bitcoin digital gold or to inflation against a protection middleman thoughts that may be you refuted He claimed.
JPMorgan finance industry versus crypto industry most distant known as one of the companies. In the past, cryptocurrencies were exchanged from different units and levels of the company. a value that it is not explanations came. CEO of JPMorgan jamie Dimon At the beginning of December, he made an interesting analogy for cryptocurrencies.