JPMorgan projects Bitcoin to outperform US stocks and gold over next decade

JPMorgan Asset Management projects Bitcoin will deliver a 10% annualized return over the next decade, outperforming large-cap US stocks at 7.5% and gold at 5.5%. The bank cautions that Bitcoin's unstable market correlations make it unsuitable as a portfolio diversifier at present, viewing it instead as a speculative asset and a hedge against monetary easing.