JPMorgan sees bitcoin outperforming most assets by 2027 but warns on volatility

JPMorgan Chase has indicated in its latest “Long-Term Capital Market Assumptions” report that bitcoin could deliver returns surpassing most major asset classes over the next decade. However, the bank warned that the cryptocurrency’s ongoing price volatility keeps it from being a standard portfolio recommendation for strategic investors at this time. JPMorgan, one of the world’s largest financial institutions, stated that although the price swings in bitcoin have become less extreme, it remains too early to treat BTC as a true diversifier for balanced portfolios.

Source: CoinTurk News