JPMorgan: BTC showing more resilience than gold, silver

JPMorgan has assessed that Bitcoin is demonstrating more stability than gold and silver in the current market, CoinDesk reported. In a recent report, the investment bank noted that while gold is weakening due to capital outflows and deteriorating liquidity, Bitcoin has remained relatively resilient. JPMorgan observed that Bitcoin is holding steady in the high $60,000 to low $70,000 range, even amid geopolitical tensions and volatile oil prices. The bank's analysis suggests a pattern where Bitcoin initially reacts like a volatile macro asset and declines at the onset of a crisis, but later finds support from capital inflows and long-term investors as the initial fear subsides.