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Bitcoin price target: JPMorgan predicts BTC USD could hit $240,000 and reveals why crypto is acting like a macro asset

Bitcoin price prediction: JPMorgan sees Bitcoin potentially soaring to $240,000 in the long run. Crypto markets are now driven by global economic trends, not just the halving cycle. Institutional investors are increasingly shaping the market. JPMorgan has also launched a new product linked to BlackRock's Bitcoin ETF, offering potential gains with some protection.