Bitcoin will be the best-performing asset of the next decade, according to JP Morgan.

JP Morgan projects that Bitcoin will outperform all other asset classes over the next ten years. When one of the world’s largest banks makes such a claim, the market views it as a strong institutional endorsement of the asset.

Holding Bitcoin in a portfolio becomes more justifiable when the analysis comes from a bank like JP Morgan. This could attract further institutional investment and sustain a long-term upward trend.