JPMorgan pegs bitcoin’s value at $38,000, says NFTs are set to dominate digital assets

A Bitcoin coin lies on a screen showing the Bitcoin - US dollar exchange rate.
Fernando Gutierrez-Juarez | picture alliance | Getty Images

JPMorgan's Nikolaos Panigirtzoglou said bitcoin is worth a mere $38,000, despite its recent bounce. He also said there's more to digital assets than just bitcoin prices.