JPMorgan: bitcoin will rise more in the long term than Wall Street and gold
Crypto investors are celebrating the news from JPMorgan. The bank not only includes bitcoin for the first time in its long-term predictions report. It forecasts higher returns than expected for traditional assets.
JPMorgan has included bitcoin in its Long-Term Capital Market Assumptions report for 2027, predicting a 10% annual return over the next 10-15 years. This exceeds the expected returns for US stocks, estimated at 7.5%, and gold, estimated at 5.5%. However, JPMorgan's analysts also warn of high volatility and present a range of possible scenarios, including a 16.6% annual return in their bullish case and an 11.2% annual decline in their bearish case.
The bank characterizes bitcoin as a speculative asset and a hedge against monetary policy easing, but not as a diversifier for portfolios due to its unstable market correlations.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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