JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
Summary
JPMorgan predicts bitcoin will achieve an annual return of ten percent over the coming decade. This projected growth rate would outperform traditional asset classes such as stocks, bonds, and gold. Despite these positive forecasts, the banking institution maintains a cautious stance regarding the cryptocurrency's overall function in investment portfolios.
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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