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2021.04.02

Bitcoin Volatility Decline Paves Way for Banks, JPMorgan Says

The recent pullback in Bitcoin’s volatility is setting the stage for a trend that could encourage institutions to dive in, according to JPMorgan Chase & Co.

“These tentative signs of Bitcoin volatility normalization are encouraging,” strategists including Nikolaos Panigirtzoglou wrote in report emailed Thursday. “In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going forward.”

https://www.bloomberg.co.jp/news/articles/2021-04-02/QQX5SNDWLU6D01?fbclid=IwAR3BWWQrJe3ePZtxNXeghsK3wlnV8YViH30-MpYtXxvBvcN9Gu95fTmeWGI

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