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JPMorgan Projects 10% Annualized Bitcoin Return, Flags High Volatility

JPMorgan Projects 10% Annualized Bitcoin Return, Flags High Volatility

Photo: TokenPost

JPMorgan’s first long-term forecast for Bitcoin (BTC) puts its annualized return at 10%, above its projections for U.S. stocks and gold, while highlighting the asset’s high volatility. Bitcoin leads the comparison on projected returns. JPMorgan’s estimates for U.S. stocks and gold are lower. The 10% figure is a long-term estimate expressed as an annualized return. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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