Crypto News

Crypto Bull Run May Last Until 2027, Says Bernstein Report

Investment bank Bernstein predicts that the upward trend in the crypto asset market could extend beyond the traditional 4-year cycle, continuing until 2027. Analysts emphasized that supportive US policies and the interest of institutional investors are the most significant factors strengthening the rally.

In the bank’s latest report, it was stated that Bitcoin could reach a level between $150,000 and $200,000 within the next year. According to analysts, the Trump administration’s goal to “make the US the global crypto hub” could lead to new highs for digital assets.


Upgraded Forecasts for Robinhood and Coinbase

The report raised the stock target for Robinhood from $105 to $160. Crypto transactions on the platform reached $16.8 billion in July, marking a 110% increase on a monthly basis. The company’s acquisition of Bitstamp and its focus on staking and tokenized products in Europe are among the factors supporting growth expectations.

For Coinbase, the per-share target was updated to $510. Its trading volume exceeded $100 billion in July, with revenues increasing by 44% compared to the previous quarter. Analysts stated that the $2.9 billion acquisition of Deribit, the diversification of derivative products, and its role in the adoption of USDC will accelerate Coinbase’s growth.


Not Limited to Just Bitcoin

On the other hand, the price target for stablecoin issuer Circle was kept steady at $230. The supply of USDC, currently at $68 billion, is projected to increase to $99 billion in 2026 and $173 billion in 2027. Circle’s partnerships with banks and its new payment-focused blockchain, named Arc, are seen as developments that will distinguish the company in the long term.

Bernstein noted that the market will not be limited to Bitcoin alone; Ethereum, Solana, and DeFi tokens will also support the rise. According to analysts, this expansion will bring new capital inflows to exchanges and stablecoin providers.

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