JPMorgan says Bitcoin rally unsustainable unless volatility ebbs
Bitcoin has been barreling through records, scaling another peak above $51,000
Tesla Inc.’s recent $1.5 billion purchase and MicroStrategy Inc.’s plan to expand its holdings of the token by selling $600 million in convertible bonds added to the buzz around cryptocurrencies
Bitcoin’s volatility needs to ease to prevent the token’s rally from fizzling, according to JPMorgan Chase & Co.
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