'Buy Everything.' Bernstein Backs Crypto Investments Amid Trump’s Win, Eyes $200,000 Price by 2025 End

2024-11-13 318

Bernstein, a leading research firm, urges clients to invest heavily in cryptocurrency following Donald Trump's election victory. In a recent note, the firm emphasized a bullish market stance, advising clients to "buy everything" in crypto. The team cited Trump’s pro-crypto pledges, including establishing a national bitcoin reserve and addressing regulatory constraints. Bernstein recommended key investment avenues, such as Bitcoin and Ethereum ETFs, crypto mining firms, and companies with substantial Bitcoin holdings, like Microstrategy, which recently expanded its Bitcoin holdings. Analysts are confident Bitcoin could reach $200,000 by 2025, predicting an unprecedented bull market.