{"id":39422,"date":"2021-01-05T22:49:33","date_gmt":"2021-01-05T18:49:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39422"},"modified":"2021-01-05T22:49:35","modified_gmt":"2021-01-05T18:49:35","slug":"bitcoin-could-go-as-high-as-146k-jpmorgan","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-could-go-as-high-as-146k-jpmorgan\/01\/05\/market-updates\/","title":{"rendered":"Bitcoin Could Go As High As $146K &#8211; JPMorgan"},"content":{"rendered":"\n<p>Bitcoin has recently recorded multiple new all-time highs and now more increases by the world\u2019s largest cryptocurrency are expected.<\/p>\n\n\n\n<p>Researchers at JPMorgan Chase expect Bitcoin could hit $146,000 in the near future, Dow Jones\u2019s MarketWatch reported.<\/p>\n\n\n\n<p>If the largest digital currency was to draw demand away from gold investors, new unprecedented highs could soon be seen.<\/p>\n\n\n\n<p>Inflows of more than $3 billion into Bitcoin and more than $7 billion of outflows from gold exchange-traded funds (ETFs) since mid-October support the expectation.<\/p>\n\n\n\n<p>According to JPMorgan, Bitcoin is attracting 3.4 times more risk capital than gold.<\/p>\n\n\n\n<p>Over the past 24 hours, Bitcoin rose by more than 8% to trade above $33,400, extending its gains over the past seven days to more than 24.7%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has recently recorded multiple new all-time highs and now more increases by the world\u2019s largest cryptocurrency are expected. Researchers at JPMorgan Chase expect Bitcoin could hit $146,000 in the near future, Dow Jones\u2019s MarketWatch reported. If the largest digital currency was to draw demand away from gold investors, new unprecedented highs could soon be &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32788,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904],"class_list":["post-39422","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=39422"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39422\/revisions"}],"predecessor-version":[{"id":39423,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39422\/revisions\/39423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32788"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}