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.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Bernstein, a leading research firm, is urging clients to invest heavily in cryptocurrency
00:06following Donald Trump's election victory. In a recent note, the firm emphasized
00:11a bullish market stance, advising clients to buy everything in crypto. The team cited Trump's
00:17pro-crypto pledges, including establishing a national Bitcoin reserve and addressing
00:21regulatory constraints. Bernstein recommended key investment avenues such as Bitcoin and Ethereum,
00:27ETFs, crypto mining firms, and companies with substantial Bitcoin holdings,
00:32like MicroStrategy, which recently expanded its Bitcoin holdings. Analysts are confident
00:37Bitcoin can reach $200,000 by 2025, predicting an unprecedented bull market.