JP Morgan warns on Ether price plunge, but Goldman Sachs sees 80% rise by year end

Mark Battersby
clock • 2 min read

A 15% rise in Bitcoin prices in contrast to a 67% drop for Ethereum may be on the cards, according to JP Morgan's digital strategy analyst Nikolaos Panigirtzoglou. His outlook was revealed last week in the first of a new regular publication focusing on prospects for alternative investments including digital assets. But Goldman Sachs global markets managing director Bernhard Rzymelka said in a briefing note on Monday 1 November, that the cryptocurrency of the ethereum network may well soar 80% to $8,000 in the next two months if it keeps tracking inflation expectations. Rzymelka sai...

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