JPMorgan Puts a Number on Bitcoin for the First Time: 10% a Year, With a Big Caveat
Summary
JPMorgan Chase projects that Bitcoin could achieve an average annual return of ten percent over the next decade to fifteen years. However, the financial institution has chosen not to include the cryptocurrency in its primary portfolio models.
J.P. Morgan Asset Management’s 2027 Long-Term Capital Market Assumptions project a 10% annual return for Bitcoin over 10 to 15 years, though the firm isn’t adding it to its main portfolio models.
Source: Read the full story at Decrypt
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