PANews, November 11 - According to The Block, Bernstein analysts released a bullish report after the U.S. elections, encouraging investors to increase their exposure to the cryptocurrency industry as soon as possible. Bitcoin broke $80,000 and set a new historical high following Trump's victory. Gautam Chhugani, head of research at Bernstein, stated that the Trump administration is expected to adopt pro-crypto policies or appoint a new SEC chairman, which could bring a more favorable regulatory environment for the industry.
The report suggests that investors focus on spot Bitcoin and Ethereum ETFs, publicly listed Bitcoin mining companies, companies holding Bitcoin, and cryptocurrency trading platforms (such as Robinhood and Coinbase). Additionally, Bernstein expects Bitcoin to reach $200,000 by the end of 2025 and recommends investors buy major digital assets like BTC, ETH, and SOL.
