JP Morgan: Bitcoin Has More Upside Than Gold In 2025

JPMorgan analysts say Bitcoin has more upside than gold due to crypto-specific factors and increasing institutional interest.

They cite corporate treasury investments, supportive legislation, and acquisitions by major crypto firms like Coinbase, Kraken, and Gemini as signs of a maturing market.

They believe that these developments, especially in regulated crypto derivatives, could attract more traditional investors.

Bitcoin is trading around 5% below its all-time high—while gold has fallen 9% from its April peak.

The analysts expect Bitcoin to continue outperforming gold in the second half of 2025.

Source: Decrypt