⚡️💬 NEW - JPMorgan says Bitcoin is "undervalued"…

⚡️💬 NEW - JPMorgan says Bitcoin is "undervalued" compared to gold.

The bank pointed out that Bitcoin's six-month rolling volatility has fallen from almost 60% at the start of the year to around 30% today, the lowest level on record.

Adjusted for volatility, Bitcoin's marketcap should rise by 13%, or a price of around $126,000, to match the $5 trillion of private investment in gold.