Analysts at JPMorgan have calculated that the fair price of the most popular cryptocurrency, bitcoin, is about $35,000 per coin.

Experts call cryptocurrency a competitor to gold in terms of investment. But the volatility of bitcoins is several times higher than that of the precious metal. If the fluctuation of the exchange rate is halved next year, then the fair price of bitcoin will be 73 thousand dollars. “The generally accepted forecast for next year is the Bitcoin target of $100,000. However, this is unlikely to be achieved without a substantial decrease in volatility,” the experts concluded.