JPMorgan: Bitcoin Holds Firm While Metals Retreat

TLDR JPMorgan reported that Bitcoin traded near $69,000 while gold and silver extended recent losses. The bank said Bitcoin showed stronger resilience than traditional safe-haven assets during market stress. Gold prices fell about 15% month to date after reaching record highs in January. Silver prices also declined after reversing gains from earlier peaks this year. [...]

The post JPMorgan: Bitcoin Holds Firm While Metals Retreat appeared first on Blockonomi.