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How Much Is A $1,000 Bitcoin Purchase Worth Since JPMorgan

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Bitcoin (BTC) has grown immensely since its origin. But the road to success wasn’t easy for the king coin. Over the years, the world’s largest cryptocurrency has been subject to immense hate and criticism. While some called it a scam, a few others saw it as an instrument that criminals employ. Amidst the numerous hate comments, JPMorgan’s CEO Jaimie Dimon had previously called BTC “worthless.” Also Read: Can Shiba Inu (SHIB) Hit 1 Cent Before 2025? Bitcoin’s Journey From “Worthless” Tag To Price Surge Predictions Surprisingly, this statement wasn’t made too long ago and was, in fact, during the king coin’s previous peak. According to data, this statement was made in October 2021. During this time, the asset was trading at $54,771.58. This level isn’t too far from its all-time high of $73,750.07. Currently, BTC is trading 12% below this peak. At press time, Bitcoin was trading at $64,663.17, following a 3% rise over the pa...