JPMorgan projects Bitcoin to outperform US stocks and gold over next decade
JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.
JPMorgan has added Bitcoin to its long-term capital market assumptions for the first time, projecting it will outperform US stocks and gold over the next decade. The bank cautioned that Bitcoin's high volatility and unstable correlations still limit its role in portfolios. The inclusion by a major Wall Street institution lends institutional credibility to BTC as a long-term asset, a modestly supportive signal for sentiment even as the caveats temper the bullish read.
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1H AGOYou’re reading thisJPMorgan projects Bitcoin to outperform US stocks and gold over next decadeCointelegraph · Score 55
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