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JPMorgan: BTC breaking $55,000 is fueled by institutional investors appetite for Bitcoin JPMorgan: BTC breaking $55,000 is fueled by institutional investors appetite for Bitcoin

JPMorgan: BTC breaking $55,000 is fueled by institutional investors appetite for Bitcoin

JPMorgan has revealed that institutional investors are investing in BTC again.

JPMorgan: BTC breaking $55,000 is fueled by institutional investors appetite for Bitcoin

Photo by Essow from Pexels

The flagship digital asset, Bitcoin, in the last seven days has witnessed one of its best times in recent weeks with its value touching as high as $55,000 during the bull run.

While many analysts are yet to place a finger on what triggered this run, a research note from a leading traditional bank, JPMorgan, has revealed that institutional investors are returning to the asset.

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