JPMorgan Gives Bitcoin Top Return Forecast, Grayscale Highlights
Grayscale highlighted a 10% projected compound annual bitcoin return in JPMorgan Asset Management’s long-term assumptions, exceeding estimates for other asset classes. The firm’s analysis connected growing institutional recognition with potential diversification benefits and substantial price risk. Bitcoin Forecast Leads Grayscale’s Institutional Assessment Grayscale Head of Research Zach Pandl said Nov. 4 that bitcoin’s inclusion in […]
Key Takeaways
- Grayscale highlighted a 10% projected compound annual bitcoin return in JPMorgan Asset Management’s long-term assumptions, exceeding estimates for other asset classes.
- The firm’s analysis connected growing institutional recognition with potential diversification benefits and substantial price risk.
- Bitcoin Forecast Leads Grayscale’s Institutional Assessment Grayscale Head of Research Zach Pandl said Nov.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Ben Cowen Says After Nasdaq Fall, Bitcoin Could Head Back to $58,000
Ben Cowen says the Nasdaq has erased its post-midterm gains, and a 2018-style selloff could send Bitcoin back to $58,000. The post Ben Cowen Says After Nasdaq Fall, Bitcoin Could Head Back to $58,000 appeared first on BeInCrypto.
World Liberty's WLFI Buyback Could Draw on Stablecoin Reserve Income
World Liberty's WLFI buyback may draw on USD1 reserve income, which could link stablecoin growth to the token's price. The post World Liberty's WLFI Buyback Could Draw on Stablecoin Reserve Income appeared first on BeInCrypto.
Ripple CEO Says Crypto Is Here to Stay as Pro-Crypto Lawmakers Win
Ripple CEO Brad Garlinghouse cited 67 million American crypto users as he highlighted bipartisan election victories. His comments reinforced the company’s push to keep digital asset development in the United States under clearer rules. Garlinghouse Points to…