JP Morgan like BTC through to year end:
“We continue to see room for the Trump trade to reverberate over the coming eight weeks or so in a similar fashion to 2016,”
And beyond:
“Trump policies are likely to be supportive of both into 2025”
JPM say gold and BTC will benefit from a “debasement trade” due to rising risks associated with tariffs and geopolitics
a hedge against weakening currenciesa hedge against geopolitical headwinds
This article was written by Eamonn Sheridan at www.forexlive.com.
