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J.P. Morgan Forecasts 10% Bitcoin Returns
J.P. Morgan Asset Management forecasts a 10% compound annual return for Bitcoin over the next 10 to 15 years, outperforming projected returns for U.S. large-cap stocks and gold. Bitcoin is included in the firm's long-term return forecasts for the first time, with a 55% annualized volatility assumption. The forecast accompanies a broader outlook shaped by a projected $15 trillion surge in global capital spending and a 2.1% U.S. real GDP growth forecast.