JPMorgan: The rise of Bitcoin in the second half of 2025 may surpass gold, driven by corporate purchases and state government support.

According to Gate.io News bot, TheBlock reported that JPMorgan analysts released the latest research report. The data shows that Bitcoin has risen 18% in the past three weeks, while gold has fallen nearly 8%.

The report points out that companies such as Strategy (formerly MicroStrategy) and Metaplanet are continuously increasing their holdings of Bitcoin. Strategy has established a purchase plan to invest $42 billion by 2027.

At the same time, New Hampshire and Arizona have begun to include Bitcoin as part of their reserve assets. The maturation of the crypto derivatives market has also provided more avenues for institutional participation.

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