Big Banks Believe Bitcoin May Very Well Become the New Gold

 

First adopters were keen on Bitcoin long ago. They’ve since become interested in smaller projects for the most part.

But now, something interesting is happening that relates to Bitcoin. More traditional investors, including those who count on finance houses, like JPMorgan Chase (NYSE:JPM) and Citigroup (NYSE:C), are moving into Bitcoin.

You could be forgiven for believing that Bitcoin’s best days were behind it over the past few months. After all, it had hovered in the $40k range for quite some time. It seemed like that might be its new ceiling moving forward.

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