Bitcoin Price Dump, JPMorgan Says Investors Heading Back to Gold

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A Wednesday report from JPMorgan says that Institutional investors are dumping bitcoin in favor of gold, reversing a recent trend that’s played out over the last two quarters. The firm said large investors are shifting away from bitcoin after favoring the digital currency over gold beginning last Fall.

Our Daniela Cambone speaks with Todd "Bubba" Horwitz founder of bubbatrading.com and an avid market watcher, to get this thoughts on the move.

#bitcoin #gold #crypto

More on what's behind the latest crypto plunge: https://stansberryinvestor.com/media-article/363849

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