JPMorgan Seeing “Strong Preference for Ethereum Over Bitcoin”

Reading Time: 2 minutes JPMorgan is seeing greater institutional interest in Ethereum over Bitcoin Bitcoin experienced “backwardation” in September while Ethereum didn’t JPMorgan claimed that Ethereum could become the “Amazon of information” JPMorgan has claimed that institutional buyers are favoring Ethereum over Bitcoin as a longer term hold, echoing sentiments made by Goldman Sachs earlier this year. A report by Zerohedge references comments made by JPMorgan analysts and adds them to opinion given by Goldman Sachs about Bitcoin and Ethereum back in May, painting a picture of Ethereum making serious inroads into Bitcoin’s status as the number one cryptocurrency. Bitcoin Futures Down While Ethereum
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