PANews reported on November 11 that according to The Block, Bernstein analysts released a bullish report after the US election, encouraging investors to increase their exposure to the crypto industry as soon as possible. Bitcoin broke through $80,000 to set a record high after Trump's victory. Gautam Chhugani, head of research at Bernstein, said that the Trump administration is expected to adopt pro-crypto policies or appoint a new SEC chairman, which may 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 crypto trading platforms such as Robinhood and Coinbase. In addition, Bernstein expects Bitcoin to reach $200,000 by the end of 2025, and recommends investors to buy major digital assets such as BTC, ETH, and SOL.
