JPMorgan forecasts Bitcoin's 10-15 year annualized compound return at 10%
JPM JPMorgan Chase & Co
$333.53 -1.82%
View chart & analysis → - 1JPMorgan Asset Management provided a 10% annualized compound return in its first long-term Bitcoin outlook
- 2This is higher than US large-cap stocks at 7.5%, REITs at 8.2%, and gold at 5.5%, with annual volatility at 55%, roughly three times that of large-cap stocks
- 3Bitcoin was not included in the main covariance matrix due to its volatility and unstable correlation and was analyzed separately in a different matrix
So what's the key point?
JPMorgan released its first calculation suggesting Bitcoin could grow by 10% each year over a 10-15 year period. While this is higher than large-cap stocks or gold, the price swings are estimated to be about three times those of large-cap stocks.
Source Cryptonews +4 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.