摩根大通预计比特币未来十年年化回报率10%，跑赢美股、债券和黄金
JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
In its long-term capital market assumptions report, JP Morgan predicts that Bitcoin will have an annualized return of 10% over the next ten years, with its baseline forecast outperforming its returns on U.S. stocks, bonds and gold. The bank also gave Bitcoin’s annualized return between bull and bear ranges of -9.7% to 17%, and maintained a cautious attitude, believing that volatility and unstable asset correlations still prevent it from being widely included in investment portfolios.
JPMorgan Chase has set Bitcoin’s benchmark annualized return at 10% over the next ten years and believes it will outperform U.S. stocks, bonds and gold. This provides traders with a reference for observing how institutions price digital assets relative to gold in the long term. At the same time, the bank's bull-bear range span is large and it maintains a cautious attitude, suggesting that volatility and unstable asset correlations may still limit the stability of Bitcoin as an alternative to gold.
摩根大通给出比特币未来十年10%的年化回报基准预测，并对照股债金回报区间，可作为观察机构长期定价的参照。
来源：CoinDesk · coindesk.com