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

Picture: The Daily Hodl

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. [caption id="" align="aligncenter" width="1852"] Source: Matt Hougan/JPMorgan Asset Management[/caption] JPMorgan highlights a big caveat: Bitcoin is still maturing.

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