As inflation rises, institutions are flocking to Bitcoin rather than gold: JPMorgan
![As inflation rises, institutions are flocking to Bitcoin rather than gold: JPMorgan](https://technologyinsight.tech/wp-content/uploads/2021/10/as-inflation-rises-institutions-are-flocking-to-bitcoin-rather-than-gold-jpmorgan.jpg)
The world’s largest cryptocurrency, Bitcoin, again seen a 35% surge this week, passing way beyond $50,000 resistance level and reaching towards a trillion-dollar market worth. According to a note sent to clients by JPMorgan on Thursday, institutional investors seeking a…