JPMorgan Reports Bitcoin Undervalued by $16,000 Compared to Gold

JPMorgan's latest research indicates Bitcoin is undervalued compared to gold, particularly as its volatility declines. Key points include:

BTC's six-month volatility dropped from nearly 60% to around 30%, marking a series low.
Bitcoin's current market value should rise by about 13%—equating to roughly $126,000 per coin—to align with gold's private investment market of approximately $5 trillion.
Currently, BTC is considered undervalued by around $16,000 based on this analysis.
The reduced volatility stems from increased accumulation by corporate treasuries, which now hold over 6% of the circulating supply, and index-related dynamics attracting passive capital.

Industry commentators suggest that Bitcoin may eventually reach parity with gold. Some projections indicate that if both assets maintain their growth rates, Bitcoin could achieve a market cap of $53 trillion by the early 2030s, translating to a price exceeding $2.5 million per coin.

As of now, Bitcoin is trading at $111,061.

Bitcoin price