Share this article
Bitcoin’s Drop in Volatility May Boost Appeal, Make $130K Possible, JPMorgan Says: Report
The U.S. banking giant said the declining volatility of the cryptocurrency could boost its appeal to institutional investors.
Updated Sep 14, 2021, 12:35 p.m. Published Apr 2, 2021, 10:23 a.m.
JPMorgan issued a note Thursday that bitcoin could fetch a long-term price of $130,000 if its volatility continues to decline.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to JPMorgan, bitcoin is becoming more appealing to institutions seeking low-correlation assets that diversify portfolios, Business Insider reported Thursday.
- The U.S. investment bank noted that high volatility “acts as a headwind towards further institutional adoption.”
- The signs that bitcoin’s volatility is diminishing could see it “crowding out gold” as a portfolio diversifier and suggests a long-term price target of $130,000, JPMorgan’s note said.
- This target is based on the notion that bitcoin’s volatility will meet gold’s, which for the time being is still some way off. Bitcoin’s realized volatility in the last three months stood at 86% compared to 16% for gold.
- A separate JPMorgan report issued to ultra-high-net-worth clients in March played down the comparison between bitcoin and gold, arguing that the crypto’s “volatility characteristics and correlation profile refute the comparison to the traditional safe-haven asset.”
See also: Veteran Analyst Peter Brandt Expects Bitcoin to Reach $200K
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
XRP Faces Downside Risk as Social Sentiment Turns Wildly Negative
The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside if risk appetite weakens across majors.
What to know:
- XRP's price approached the $2 mark as social sentiment around the token turned sharply negative, according to Santiment data.
- The token has experienced a 31% decline over two months, making it vulnerable to further losses if market risk appetite weakens.
- Santiment's sentiment model indicates XRP is in a 'fear zone,' where negative commentary significantly outweighs positive talk, potentially influencing market positioning.
Top Stories
