Bitcoin surges above $10,000 as JPMorgan openly praises Bitcoin.

JPMorgan and its CEO, Jamie Dimon, have always had a harsh stance on Bitcoin. Dimon famously even called Bitcoin a fraud. But in a surprising turn of events, JPMorgan has started to back Bitcoin and even advises its clients to purchase Bitcoin ETFs.

JPMorgan had conducted research on cryptocurrencies and published a report on it, titled: “Decrypting Cryptocurrencies: Technology, Applications and Challenges.”

Read more at: https://stopthefud.wordpress.com/2018/02/15/jpmorgan/

What do you feel about JP Morgan suddenly changing stances? Do you like them better now? Worse? Why?