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jpmorgan ceo expresses skepticism as bitcoin value continues to rise
JPMorgan CEO Jamie Dimon continues to express skepticism about Bitcoin, citing its lack of intrinsic value and association with illegal activities. Despite his criticisms, including a past declaration of Bitcoin as a "fraud," JPMorgan is involved in Bitcoin through BlackRock’s iShares Bitcoin Trust. Meanwhile, Bitcoin's value has surged, currently trading at $90,597, with projections reaching $150,000, reflecting its growing acceptance as a store of value.
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