Following Donald Trump's victory in the 2024 U.S. Presidential election, investment firm Bernstein has urged investors to consider jumping into the crypto market.
Trump and Crypto: A New Era
Bernstein believes that Trump could be the first openly pro-crypto president, offering institutional support and attracting both seasoned and new investors.
Bitcoin as Digital Gold
Amid rising global inflation, Bernstein views Bitcoin as a better option than traditional investments, describing it as 'digital gold.' The limited supply of Bitcoin and halving cycles support this trend.
Bernstein's Price Forecasts
Bernstein's analysts predict further Bitcoin gains, estimating it could reach $200,000 by 2025. In the long term, Bitcoin's price could climb to $1 million by 2033. The growing interest in the futures market supports these forecasts.
The cryptocurrency market continues to attract investor attention, with companies like Bernstein providing positive forecasts for its future development.
