JPMorgan believes Bitcoin is undervalued at current price levels and sees a significant upside

Since January, the crypto market’s value has decreased by nearly $1 trillion. The major digital assets on the market, Bitcoin (BTC) and Ethereum (ETH), have plummeted by 38% and 48% year-to-date, respectively. And the collapse of the stablecoin TerraUSD (UST) this month has only contributed to the sector’s bearish atmosphere, prompting many to wonder whether […]