JPMorgan's first bitcoin forecast puts BTC's 10% ahead of stocks and gold

In its first long-term forecast for the cryptocurrency, J.P. Morgan Asset Management anticipated bitcoin will deliver a compounded annual return of 10% over the next decade. The figure, published in the bank’s 2027 Long-Term Capital Market Assumptions on Oct. 19, is above U.S. stocks, gold and REITs. This year’s 31st edition is the first to put a range on bitcoin returns. Bitcoin’s bear case sinks to -11.2% as the bull case hits 16.6% Bitcoin’s 10% is the highest return in the separate table JPMorgan built to compare it with 12 common investments, from stocks and bonds to gold and cash. JPMorgan put yearly return forecasts on four traditional investments over 10 to 15 years. Big U.S. companies get 7.5% and smaller ones 7.7%.

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