A third of big investors believe bitcoin is 'rat poison,' JPMorgan survey shows

CNBC2021-06-23

One in 3 investors consider cryptocurrency “rat poison,” according to the results of a JPMorgan survey published on Tuesday. The bank said that one in three investors who responded to a survey deemed ...

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Comments

PEIYONG
2021-06-23
PEIYONG
[強]
AGS
2021-06-23
AGS
?
Mazx
2021-06-23
Mazx
Great article!
ohty0308
2021-06-23
ohty0308
???! Hodl or accumulate while it’s down!
A79
2021-06-23
A79
Like n reply for good luck pls
- ohty0308:
  ??
xdpd
2021-06-23
xdpd
Can I get a letter T

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Shaw, PIMCO and Santander.\nThe JPMorgan survey also showed that only 10% of respondents’ firms trade or invest in cryptocurrency, while 89% do not. And of those that don’t, the majority said they aren’t likely to start anytime soon.\nThe survey results from JPMorgan come ata turbulent time for popular digital currency bitcoin. It continued its volatile streak on Tuesday, starting the day with a tumble below the key $30,000 level before rallying back into positive territory.\nAt one point, bitcoin’s price turned negative on the year before recovering. It was last seen trading at $32,600, according to Coin Metrics.\nThe slide in bitcoin’s value began in earnest in May, when Tesla CEO Elon Musk temporarily reversed his decision to accept it as tender for the company’s electric cars. It fell further in the aftermath of the Colonial Pipeline ransomware attack, and tends to decline on headlines about China’s efforts to restrict energy-intensive mining.\nEven after recovering from Tuesday’s early losses, bitcoin is still worth less than half of its all-time high of more than $64,000, where it traded mid-April.\nStill, some remain optimistic.\nFundstrat co-founder and longtime bitcoin bull Tom Lee, for example, noted Tuesday that the asset tends to generatemost of its annual gains over a handful of sessions.\n“We have to keep in mind that bitcoin makes most of its gains in 10 days in a single year, so the idea that it’s below $30,000 now doesn’t rule the ability for this to generate some really big gains before year-end and potentially touch $100,000 or higher,” the strategist said.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":123874900,"gmtCreate":1624418556700,"gmtModify":1703836083295,"author":{"id":"3587085062023538","authorId":"3587085062023538","name":"PEIYONG","avatar":"https://static.tigerbbs.com/d91e7a49d44f9756fece9556769c80bd","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"[強]&nbsp;","listText":"[強]&nbsp;","text":"[強]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123874900","repostId":1190243989,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":123886819,"gmtCreate":1624415849331,"gmtModify":1703836005910,"author":{"id":"3568244403436818","authorId":"3568244403436818","name":"AGS","avatar":"https://static.tigerbbs.com/b729576e3822c0c56b578d5c4ca11862","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123886819","repostId":1190243989,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123837258,"gmtCreate":1624415173774,"gmtModify":1703835986745,"author":{"id":"3552622386885404","authorId":"3552622386885404","name":"Mazx","avatar":"https://static.tigerbbs.com/c481890bfe2dcb252779273c6c5c74ce","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Great article!","listText":"Great article!","text":"Great article!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123837258","repostId":1190243989,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123168339,"gmtCreate":1624412489621,"gmtModify":1703835877184,"author":{"id":"3578220246250610","authorId":"3578220246250610","name":"ohty0308","avatar":"https://static.tigerbbs.com/1488b6459dba7c0c98675f806ac94140","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"???! Hodl or accumulate while it’s down!","listText":"???! Hodl or accumulate while it’s down!","text":"???! Hodl or accumulate while it’s down!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123168339","repostId":1190243989,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123112594,"gmtCreate":1624411976418,"gmtModify":1703835853963,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","vip":1,"crmLevel":9,"crmLevelSwitch":0},"htmlText":"Like n reply for good luck pls","listText":"Like n reply for good luck pls","text":"Like n reply for good luck pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123112594","repostId":1190243989,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4966389,"gmtCreate":1624412447197,"gmtModify":1663229769129,"authorId":3578220246250610,"author":{"id":3578220246250610,"authorId":3578220246250610,"name":"ohty0308","avatar":"https://static.tigerbbs.com/1488b6459dba7c0c98675f806ac94140","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123112594,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":123119919,"gmtCreate":1624411809431,"gmtModify":1703835846933,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Can I get a letter T","listText":"Can I get a letter T","text":"Can I get a letter T","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123119919","repostId":1190243989,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":128,"commentSize":28,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1190243989"}