Bitcoin could be poised for a dramatic surge to nearly £129,400 ($170,000) within the next year, according to analysts at global banking giant JPMorgan, who believe the cryptocurrency may soon challenge gold's vast £21.5 trillion ($28.3 trillion) private investment market.
The bold projection comes despite Bitcoin's sharp fall in recent days, dropping to just above £73,800 ($94,000) from its October peak of about £99,000 ($126,000).
