JPMorgan Says Bitcoin Is Undervalued By 28%, Cryptocurrencies Are Now A ‘Preferred Alternative Asset’

May 25, 2022 From: Forbes, Nina Bambysheva – Forbes Staff GETTY Despite the crypto slump, banking giant JPMorgan says bitcoin is massively undervalued. Maintaining its estimate of bitcoin’s fair value at $38,000, the bank today reiterated the assessment it gave the...