Bitcoin hit $ 64,000 on Wednesday after Coinbase Global debuted on the stock market. But on Sunday, the cryptocurrency fell by 15% due to three reasons.
But despite Sunday's drop, Morgan Stanley and Goldman Sachs will continue to provide access to cryptocurrency investments.
In fact, JPMorgan believes that Bitcoin will grow up to $ 130,000 per coin.
Thus, the outlook for the cryptocurrency is still positive, although there may be strong price dips in the middle.