JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
Photo: CoinDesk
Investment banking behemoth JPMorgan (JPM) expects bitcoin BTC $81 462,69 to outperform U.S. stocks, bonds and gold over the next 10 years. JPMorgan forecasted a base case of 10% annualized returns for bitcoin over the next 10 years in its 2027 Long-Term Capital Market Assumptions report on Tuesday. The bank also set a bear case of -9.7% and a bull case of 17%. The figure compared to projected 5.6%-6.6% growth in U.S. bonds, 7.5% and 7.7% in U.S. large and small-cap equities respectively and 5.5% in gold.
Also reported by Cointelegraph, crypto.news, Coinpedia, Coinotag and 3 more.
Source: CoinDesk
