JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
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.
AI Summary
JPMorgan forecasts that bitcoin will generate 10% annual returns over the next decade, outperforming stocks, bonds, and gold. The bank's projections include a bear case of a 9.7% annual loss and a bull case of a 17% annual gain. Despite the optimistic outlook, JPMorgan remains cautious about bitcoin's volatility and speculative nature, affecting its integration into investment portfolios.