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JPMorgan projects bitcoin returns of 10% a year over next decade
Original: JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
JPMorgan forecasts bitcoin will deliver annualized returns of about 10% over the next decade, outperforming stocks, bonds and gold, according to CoinDesk. The projection from one of the largest US banks is drawing attention as it puts the cryptocurrency ahead of traditional asset classes over a long-term horizon.
Why now: A major Wall Street bank publicly forecasting bitcoin to beat conventional assets is notable news for investors and the crypto market.
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- JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade · CoinDesk
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