JPMorgan Sees Bitcoin's Low Volatility as a Positive Sign for Its Future as a Safe Haven

JPMorgan analysts suggest that bitcoin's lower volatility relative to gold might make it more attractive in the long term. Despite underperforming major risk assets and traditional safe havens like gold and silver, bitcoin's low volatility highlights its future potential as a safe haven. The analysts estimate that if bitcoin were to match gold's recent volatility, its price would need to rise to near $266,000.