A JPMorgan statement says bitcoin may find an additional demand of $600B
read more...This is due to the recent purchase amounting to $100M of bitcoin by MassMutual a 169 years old insurance firm in Massachusetts.
MassMutual is also listed as the
top 7 Best Life Insurance Companies of 2020 in the US Due to this event, other institutions could follow the steps made by MassMutal, which will greatly increase the demand for bitcoin that consequently increase its value to break the 20k mark. What is your take on this?