JPMorgan: Bitcoin will outperform gold for the remainder of this year.

Financial World

2025-5-1610:50 Official Account of Financial界 Website

According to the viewpoint network: On May 16, new changes appeared in the 2025 investment market. Previously, investors bought gold and Bitcoin to hedge against the risk of international currency depreciation in a "devaluation trade". Now, this trend has become a zero-sum game, where gold rises while Bitcoin falls. Recently, the situation has reversed, with gold prices falling since April and Bitcoin strengthening.

The flow of funds has also changed. Since April, there has been a withdrawal from gold ETFs and an influx into spot Bitcoin and cryptocurrency funds. JPMorgan pointed out that New Hampshire and Arizona have passed relevant bills allowing a portion of public funds to be invested in Bitcoin and precious metals. As more state governments in the U.S. approve investments in Bitcoin, it may become a positive catalyst for driving its price up.

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This article is sourced from Viewpoint Network.