JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.
Source: CoinDesk
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DW NOTE
JPMorgan projects bitcoin will return 10% annually over the next decade — outpacing its forecasts for stocks, bonds, and gold — yet still calls it too speculative for widespread portfolio inclusion. A bank that spent seven years calling bitcoin a fraud now expects it to outperform every major asset class, but won't recommend buying it. That's not caution, that's covering both sides of the trade.