FMP

FMP

Bitcoin Below $42,000. JPMorgan CEO Comments on Cryptos

Jamie Dimon, the CEO of JPMorgan, once again reminded everyone of his attitude towards Bitcoin, which dropped lower than $42,000 on Tuesday, gradually declining from the start of the week, with Monday’s highest price being $44,313.

According to Dimon, one is a fool if he borrows money to purchase Bitcoin. However, it’s important to point out that JPMorgan, the company ruled by Dimon, is now giving its customers access to six cryptocurrency funds and even made its own digital ledger token for payments, which is called JPM Coin.

During the interview, Dimon also acknowledged the possibility of the cryptocurrency sector gaining tenfold in its value in the next years.