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JPMorgan: Institutional Investors Are Favoring Bitcoin Over Go | Crypto Bee

JPMorgan: Institutional Investors Are Favoring Bitcoin Over Gold

JPMorgan analysts have shared that they believe an increased appetite from institutional investors has been fueling the Bitcoin rally.

"Institutional investors appear to be returning to Bitcoin perhaps seeing it as a better inflation hedge than Gold," JPMorgan said.

Money is flowing out of Gold and into Bitcoin, according to the big bank.