[JPMorgan: Bitcoin is More Attractive Than Gold in the Long Term] Odaily Planet Daily News - JPMorgan stated that after gold's strong performance and increased volatility, Bitcoin's long-term appeal relative to gold has improved. Although cryptocurrencies have weakened recently, the scale of liquidation has been small, but outflows from spot Bitcoin ETFs continue. JPMorgan pointed out that Bitcoin's current trading price is far below its estimated production cost of $87,000, which historically represents a relatively low bottom. JPMorgan's key insights: Bitcoin's risk-adjusted value relative to gold has improved, and its volatility relative to gold has dropped to a historic low. This indicates that in the long term, Bitcoin has significant upside potential.