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JPMorgan Chase: Bitcoin's upside may exceed gold in the second half of 2025
2025-05-15 14:16

Odaily News JPMorgan analysts said that while gold still has room to rise in the second half of 2025, Bitcoin may perform more strongly. The bank pointed out that corporate purchases of Bitcoin and increased support for cryptocurrencies in U.S. states will drive up Bitcoin prices. In contrast, gold's rise mainly benefits from continued buying by central banks and investors, and is expected to average $3,675 per ounce in the fourth quarter of 2025 and may exceed $4,000 per ounce in the second quarter of 2026. However, JPMorgan believes that Bitcoin has greater potential for growth, especially in the current macroeconomic environment, as investors' confidence in the US dollar weakens and they seek alternative assets to hedge risks. (The Block)