JPMorgan Forecast Sees Bitcoin Likely to Outperform Stocks, REITs and Gold
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JPMorgan’s long-range forecast assigns Bitcoin (BTC) a 10% compounded annual return, which would put the cryptocurrency ahead of large-cap stocks, REITs and gold over a 10-to-15-year period. JPMorgan CEO Jamie Dimon has criticized Bitcoin, calling it a “fraud” in 2017 and a “pet rock” in 2023. Institutional clients may use Bitcoin and Ether (ETH) to secure loans from the bank. JPM Coin (JPMD) is available on Ethereum and Base. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
