NYC Web3: TLDR
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NYC Web3: TLDR

Dimon Changes Tune…Bitcoin Going Up “28%”

It appears someone has changed their tune when it comes to Bitcoin. Long time crypto basher, and COE of Chaes bank Jamie Dimon has now come out and said there is “significant upside” to bitcoin upwards to 28%. The crypto market has sold off nearly 1 trillion in value since January into what is now being called the 4th crypto winter. But now, even the critics seems to be throwing their support at the technology.

In the past, Dimon has called bitcoin “worthless “ and “fools gold” but it appears the CEO has turned a corner now not only seeing bitcoin as an investment vehicle but also as a long term player in the financial market space with six crytpo funds. He isn’t the first as most major financial intuitions now have some form of crypto strategy and ETFs now popping up in the alternative investment space.

Written by: WarBiscuitNFT

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NYC Web3

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