---
title: "JPMorgan projects Bitcoin to outperform US stocks and gold over next decade"
description: "2026-10-20 Cointelegraph, CoinDesk +3 보도. 감지 후 1시간 동안 BTC -0.07%. Cointelegraph: “JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.” 감지 후 1시간 동안 BTC -0.07% 변동 관측. 시세 관측은…"
language: ko
canonical: "https://whycoinmoves.com/ko/events/bitcoin-jpmorgan-projects-bitcoin-outperform-us-c932dce1ad6a8d"
published: 2026-10-20T08:59:05.000Z
updated: 2026-10-21T13:59:00.000Z
indexable: false
---

# JPMorgan projects Bitcoin to outperform US stocks and gold over next decade

2026-10-20 Cointelegraph, CoinDesk +3 보도. 감지 후 1시간 동안 BTC -0.07%. Cointelegraph: “JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.” 감지 후 1시간 동안 BTC -0.07% 변동 관측. 시세 관측은…

Attributed sources: [Cointelegraph](<https://cointelegraph.com/markets/jpmorgan-bitcoin-outperform-stocks-gold-annual-returns>), [CoinDesk](<https://www.coindesk.com/markets/2026/10/20/jpmorgan-sees-10-annual-bitcoin-returns-topping-stocks-bonds-and-gold-over-next-decade>), [Bitcoin Magazine](<https://bitcoinmagazine.com/news/jpmorgan-says-bitcoin-could-outperform>), [The Block](<https://www.theblock.co/news/markets/2026-10-20-jpmorgan-bitcoin-10-year-return-forecast-ltcma-421436>), [Decrypt](<https://decrypt.co/381464/jpmorgan-bitcoin-forecast-first-time-stocks-gold>)

## Key facts

Cointelegraph: “JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.” 감지 후 1시간 동안 BTC -0.07% 변동 관측. 시세 관측은 인과관계를 입증하지 않습니다.
Evidence strength: 복수 매체 보도, 5 publisher group(s) (Cointelegraph, CoinDesk, Bitcoin Magazine, The Block, Decrypt); this describes source coverage, not truth or causation.
감지 후 관측 수익률: 5분: -0.09% (20/10/2026, 08:59 → 20/10/2026, 09:04, UTC; OKX · USDT); 1시간: -0.07% (20/10/2026, 08:59 → 20/10/2026, 09:59, UTC; OKX · USDT). 표시되지 않은 구간은 아직 데이터가 없습니다.
직전 30일간 시간별 절대 수익률의 99번째 백분위수는 1.23% (OKX · USDT; 기준 20/10/2026, 08:59, UTC)입니다. 시간 단위 기준선은 분 단위 변동과 직접 비교할 수 없습니다.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5분 | -0.09% | -0.09% | 0.00 %p | 20/10/2026, 08:59 → 20/10/2026, 09:04 | OKX · USDT |
| 1시간 | -0.07% | -0.07% | 0.00 %p | 20/10/2026, 08:59 → 20/10/2026, 09:59 | OKX · USDT |
| 24시간 | — | — | — | — | — |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.15% |
| 99th percentile of absolute hourly returns | 1.23% |
| BTC beta | 1.00 |
| Source / cutoff (UTC) | OKX · USDT / 20/10/2026, 08:59 |

## Claims and open questions

- No independently verified causal explanation is available.

## Source evidence

- [JPMorgan projects Bitcoin to outperform US stocks and gold over next decade](<https://cointelegraph.com/markets/jpmorgan-bitcoin-outperform-stocks-gold-annual-returns>) — Cointelegraph; published 20/10/2026, 08:54; received 20/10/2026, 08:59 (UTC).
- [JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade](<https://www.coindesk.com/markets/2026/10/20/jpmorgan-sees-10-annual-bitcoin-returns-topping-stocks-bonds-and-gold-over-next-decade>) — CoinDesk; published 20/10/2026, 11:10; received 20/10/2026, 11:12 (UTC).
- [Bitcoin Could Outperform Most Assets, JPMorgan Says — But the Bank Still Won’t Recommend It](<https://bitcoinmagazine.com/news/jpmorgan-says-bitcoin-could-outperform>) — Bitcoin Magazine; published 20/10/2026, 17:27; received 20/10/2026, 17:31 (UTC).
- [JPMorgan issues first long-term bitcoin return forecast, projecting 10% annually](<https://www.theblock.co/news/markets/2026-10-20-jpmorgan-bitcoin-10-year-return-forecast-ltcma-421436>) — The Block; published 20/10/2026, 18:14; received 20/10/2026, 18:15 (UTC).
- [JPMorgan Puts a Number on Bitcoin for the First Time: 10% a Year, With a Big Caveat](<https://decrypt.co/381464/jpmorgan-bitcoin-forecast-first-time-stocks-gold>) — Decrypt; published 20/10/2026, 21:16; received 20/10/2026, 21:17 (UTC).
- [Morning Minute: Bitcoin Tops JPMorgan’s Ten-Year Forecast for All Assets](<https://decrypt.co/381510/morning-minute-bitcoin-tops-jpmorgans-ten-year-forecast-for-all-assets>) — Decrypt; published 21/10/2026, 12:16; received 21/10/2026, 12:19 (UTC).
- [J.P. Morgan Reveals First-Ever Bitcoin Price Forecast in Long-Term Capital Market Report](<https://bitcoinmagazine.com/videos/j-p-morgan-reveals-first-ever-bitcoin-price-forecast-in-long-term-capital-market-report>) — Bitcoin Magazine; published 21/10/2026, 13:56; received 21/10/2026, 13:57 (UTC).


## Recent BTC events and market reactions

아직 게시 기준을 충족한 다른 BTC 이벤트가 없습니다.

- [Full coin archive](<https://whycoinmoves.com/ko/coins/bitcoin>)

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- [시세 급등락](<https://whycoinmoves.com/ko/topics/market>)

## Research for this archive

- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/ko/research/hourly-returns-and-bitcoin-beta.md>)
- [Perpetual funding rates and annualized yield: a 2025 comparison](<https://whycoinmoves.com/ko/research/funding-rates-versus-investor-returns.md>)
- [Bitcoin halving and bull markets: evidence from four halvings](<https://whycoinmoves.com/ko/research/bitcoin-halving-and-market-cycles.md>)
- [Bittensor (TAO): Bitcoin beta, volatility and the AI crypto narrative](<https://whycoinmoves.com/ko/research/tao-bitcoin-risk-and-ai-narrative.md>)

[Methods and limitations](<https://whycoinmoves.com/ko/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.