JPMorgan said in its 2027 Long-Term Capital Market Assumptions report that bitcoin could outperform stocks, bonds and gold over the next ten years. The bank stated, however, that the cryptocurrency remains too volatile to be recommended for strategic investors and that it “lacks a clear role as a diversifier” due to unstable correlations with other asset classes. The institution views bitcoin as a speculative asset and a hedge against monetary easing. If volatility continues to decline and regulation becomes clearer, this position could evolve, the report noted.
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