JPMorgan Sees Bitcoin Outpacing US Stocks and Gold Over Next Decade
Edited by Steinar Vigdel Kolnes, Editor, Oslo
JPMorgan’s long-term outlook projects Bitcoin to outperform US stocks and gold, while cautioning that its volatility complicates portfolio use.
JPMorgan expects Bitcoin to outperform US equities and gold over the coming decade, according to Cointelegraph.
The bank added Bitcoin to its long-term capital market outlook for the first time, bringing the cryptocurrency into its assessment of future asset performance.
Despite that projection, JPMorgan cautioned that Bitcoin’s sharp price swings and shifting relationships with other assets constrain its usefulness in investment portfolios.
Source: Cointelegraph
