JP Morgan Says Bitcoin Going Head-to-Head With Gold, BTC Price Will Double or Triple if ‘Modest Crowding Out’ Occurs — The Daily Hodl

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US financial giant JP Morgan says Bitcoin has the potential to triple its price as BTC challenges gold’s status as the go-to alternative currency. Although Bitcoin is still a relatively small class asset with a market cap of $242 billion compared to gold’s $2.6 trillion market value, the cryptocurrency can potentially compete with the precious…

JP Morgan Says Bitcoin Going Head-to-Head With Gold, BTC Price Will Double or Triple if ‘Modest Crowding Out’ Occurs — The Daily Hodl

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Mirza Ashraf Beg @ Dubai

Author is Technology Leader and Serial Entrepreneur. Founder and CEO of "Money Protects", an unicorn financial startup company thriving under the kind patronage and partnership of His Highness Zayed bin Saeed bin Zayed al Nahyan, amplifying presence in the arenas of ADGM and DIFC. Money Protects is ingeniously converges Innovation and FinTech with a primary mission to foster sustainability and instill long-term confidence within the financial services ecosystem. Leadership of over 24 years of banking and financial industry in U.A.E, Saudi Arabia and India. Last 3 Years of topnotch Entrepreneurial Leader in Financial Innovation Tech & Climate Tech with sustainable solutions in Futuristic Markets. Major Strengths: • Debt & Asset Management • Treasury, Investment & Funds/Global Markets • IP Innovation & Product Development • Structured products and Restructuring • Hedging and Derivative Markets • FinTech-Open Banking & Reg Tech Advisory • Climate Tech & Sustainable Energy. Expert in Regional/Global Regulatory operational management. Expertise in Global Intelligence, Value Research, Climate Tech & Sustainable Energy, Product Development & Launch, projects related to current global disruptive technological changes & its adaptation through FinTech & web3 Landscape – micro/macro. Tech Writer, Market Researcher, Speaker & Panelist in various International Banking & Technology Forums: Terrapin, Clear stream/Euroclear, Fleming, BII, Allan Lloyds, Trescon, Alpha-one, PWC, Finastra Universe - Misys-Connect etc.
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