JPMorgan Makes Stunning 10-Year Bitcoin Prediction
BTC when published $83,179Now $80,595 ▼ −3.11% since it was published
JPMorgan Asset Management expects Bitcoin to outperform all other major asset classes over the next 10 years. In its new 2027 Long-Term Capital Market Assumptions report, the number one US bank puts Bitcoin's 10–15-year going-forward compound annual return at 10.0%. That is the best return of any major asset class in the table. Bitcoin's expected performance would be better than U.S. REITs (8.2%), U.S. small caps (7.7%), U.S. large caps (7.5%), emerging markets equities (7.1%), and even gold (5.5%). In his X post, Bitwise CIO Matt Hougan has noted that JPMorgan has gone from being skeptical about Bitcoin to making a public prediction that the flagship crypto will be the best-performing asset over the next decade. There are "loads of caveats," and Bitcoin is still immature, Hougan notes.
First reported by U.Today. This page is a short excerpt; the full text is theirs.
