The cryptocurrency is setting new records after JPMorgan’s CEO refuses to talk about it — Quartz

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Jamie Dimon just can’t win with bitcoin. After a series of critical comments about the ever-appreciating cryptocurrency, yesterday JPMorgan’s chief executive pledged to stop talking about it. Bitcoin promptly set a new record price of $5,821 in intraday trading today, up some 11% after Dimon’s pronouncement.

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Last month, Dimon called bitcoin a “fraud” during a momentary bout of price weakness. Inconveniently, around the same time a JPMorgan brokerage unit started scooping up a bitcoin asset tracker listed in Sweden on behalf…



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