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JPMorgan Claims Bitcoin Futures Could ‘Elevate Cryptocurrencies Into an Emerging Asset Class’

Bitcoin is oficially growing up.


It looks like Bitcoin is finally growing up with the praise of JP Morgan global markets strategist Nikolaos Panigirtzoglou, who stated:

The prospective launch of bitcoin futures contracts by established exchanges in particular has the potential to add legitimacy and thus increase the appeal of the cryptocurrency market to both retail and institutional investors.

Cryptocurrencies have the potential to grow further from here.

In all, the prospective introduction of bitcoin futures has the potential to elevate cryptocurrencies to an emerging asset class

The value of this new asset class is a function of the breadth of its acceptance as a store of wealth and as a means of payment and simply judging by other stores of wealth such as gold, cryptocurrencies have the potential to grow further from here.

Based on this speculation, expect BTC prices to keep soaring.


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bitcoin litecoin

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