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What it means to institutional investors is another issue entirely.
The changes the bitcoin bubble could bring about in the global financial system are cognate with the changes the latest evidence of climate change will bring about in respective environmental policies across a range of nations.
In october 2020, JPMorgan Chase , or rather the bank’s global asset management arm, Hinted at a clear possibility of the doubling or tripling in Bitcoin price.
Conversely, only three years prior, the same organisations’ chief executive had railed at the credulity of crypto investors.
The surge of digital money, The surge of Blockchain Technology, Possibility of official regulation a distinct probability.
Money has favoured safe-haven assets like gold, as well as stocks positively aligned.