A JPMorgan asset management report published Oct. 19 projects 10% annualized returns for Bitcoin over the next 10 years, compared with 5.5% for gold, 5.6% for Treasury bonds and 7.5% for large-cap equities. However, analysts Sheena Shah and Dennis Cristallo said they do not make a case for Bitcoin as a portfolio diversifier due to unstable market correlations, describing it as a speculative asset and a hedge against monetary easing. The report does not endorse including Bitcoin in a diversified portfolio. Bitcoin peaked at just over $126,000 in October 2025 but has since fallen about 35%, trading near $81,500 as of Oct. 23. The shift contrasts with years of criticism of Bitcoin by CEO Jamie Dimon.
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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 10/24/2026 | 80,888.16 |
| Change that session | -0.37% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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