JPMorgan Asset Management Predicts Bitcoin (BTC) Surging 10% a Year in Next 10 Years – But There’s a Catch

A major Wall Street firm is including Bitcoin (BTC) in its annual long-term capital market assumptions report for the first time. JPMorgan Asset Management says it expects BTC to grow 10% per year over the next 10 years, with an arithmetic return of 20.9% and annualized volatility of 55%. Meanwhile, the firm expects US large cap to surge 7.50%, US small cap to climb 7.70%, and gold to rise 5.50% per year over the same period. JPMorgan highlights a big caveat: Bitcoin is still maturing. “At the moment, we do not make a case for Bitcoin (BTC) as a diversifier in portfolios due to its unstable market correlations.

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