Bernstein: Bitcoin is expected to reach $200,000 by the end of 2025
Bernstein analysts have released a bullish report after the US election, encouraging investors to increase their exposure to the cryptocurrency industry as soon as possible. Bitcoin broke through $80,000 to reach a historic high after Trump's victory. Gautam Chhugani, head of Bernstein research, said he expects the Trump administration to adopt a pro-crypto policy or appoint a new SEC chairman, which could bring a more friendly regulatory environment to the industry.
The report recommends that investors pay attention to spot bitcoin and ethereum ETFs, publicly listed bitcoin mining companies, companies holding bitcoin, and cryptocurrency trading platforms such as Robinhood and Coinbase. In addition, Bernstein expects bitcoin to reach $200,000 by the end of 2025 and recommends that investors buy major digital assets such as BTC, ETH, and SOL.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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