JPMorgan Projects 10% Annual Bitcoin Returns Over Next Decade
Edited by Steinar Vigdel Kolnes, Editor, Oslo
JPMorgan forecasts 10% annual bitcoin returns over the next decade, ahead of stocks, bonds and gold, while remaining cautious about its place in portfolios.
JPMorgan expects bitcoin to deliver annual returns of 10% over the coming decade, outpacing stocks, bonds and gold, according to CoinDesk.
The report is the first instance in which the bank has set out a return range for bitcoin in its research.
Despite that outlook, JPMorgan continues to take a cautious view of bitcoin’s role in investment portfolios. The projected returns are a forecast, not a guaranteed outcome.
Source: CoinDesk
