JPMorgan sees bitcoin outperforming stocks, bonds and gold, but warns over volatility
JPMorgan Asset Management has included bitcoin in its long-term capital market assumptions for the first time and estimates a 10% annualized return over the next decade, above stocks, bonds and gold. However, its scenario assumes 55% annual volatility, more than triple that of large-cap U.S. stocks, and the bank does not include it in its main portfolio models due to its unstable correlations with other assets.
In 35 seconds
- JPMorgan Asset Management includes bitcoin in its long-term capital market assumptions for the first time.
- Its base case projects a 10% annualized return for bitcoin over the next decade.
- The bank assumes 55% annual volatility, more than triple that of large-cap U.S. stocks.
Read the full story at Bloomberg Línea
IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.
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