JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

The US dollar is at risk of losing its status as the world’s dominant currency. That’s according to one strategist at JP Morgan’s private bank who is advising wealthy clients cut their dollar holdings in half. “We believe the dollar could lose its status as the world’s dominant currency (which could see it depreciate over the […]

The post JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin appeared first on CCN Markets

Source: https://www.ccn.com/news/jp-morgan-admits-doomed-dollar-reserve-to-inadvertently-back-bitcoin/2019/07/25/

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