JPMorgan Forecasts Bitcoin Surge as Trump’s Economic Policies Fuel ‘Debasement Trade’
JPMorgan has forecasted a bullish outlook for Bitcoin extending through 2025, as the bank identifies Donald Trump’s recent victory in the U.S. presidential election as a factor likely to intensify both Bitcoin and gold investments. This sentiment aligns with the bank’s broader “debasement trade” strategy, which suggests a shift toward assets like gold and Bitcoin …
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