How much you’d have if you invested $1,000 in Bitcoin when JPMorgan CEO called BTC ‘pet rock’
Over the years, JPMorgan (NYSE: JPM) CEO Jamie Dimon has maintained a dismissive stance regarding Bitcoin’s (BTC) potential, with his concerns mostly centered on the asset’s ability to be leveraged in illicit activities. At the same time, Dimon has questioned Bitcoin’s actual value in the financial landscape. Despite his view on the maiden cryptocurrency, BTC has forged ahead, hitting new record highs. One of Dimon’s notable objections emerged on January 17, 2024, when he famously labeled Bitcoin a ‘pet rock,’ claiming that the digital currency ‘does nothing’ while vowing not to speak about it again. However, he broke this promise days later. Picks for you Three analysts are ‘keeping an eye’ on this cryptocurrency charts this week 23 mins ago ...