Scott Melker reviews JPMorgan's recent comments on bitcoin, with the bank's asset managers forecasting roughly 10% annual returns for bitcoin, versus about 7.5% a year for stocks and 5.5% for gold. He says it is the first time JPMorgan has attached a number to its bitcoin expectations, which he considers the key news. The piece also recalls Jamie Diamond calling bitcoin 'a scam' and 'rat poison', even as JPMorgan becomes more deeply entrenched in the space. The commentator argues the research shows JPMorgan is finally studying crypto as an investment.
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/19/2026 | 81,938.40 |
| Change that session | -0.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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