Crypto Market Cap Recaptures $2 Trillion Crown As Bitcoin Price Blasts Past $59,000

Bernstein’s Bold Crypto Market Projections

Analysts at Bernstein predict a surge in the crypto market cap to $7.5 trillion by 2025, mainly driven by bitcoin and ethereum.

Bernstein’s Crypto Market Projections and Insights

Bernstein forecasts a threefold increase in global crypto market cap to $7.5 trillion by 2025. bitcoin is expected to reach $3 trillion, ethereum $1.8 trillion, and other blockchains like Solana and AVAX to contribute $1.4 trillion collectively.

Analysts also predict U.S. spot bitcoin exchange-traded funds’ assets to grow fivefold to $300 billion by 2025. They are optimistic about Robinhood stock, targeting $30 with an 80% upside potential.

Market Performance and Future Projections

Recent data shows Robinhood’s stock performance with shares closing at $17.16, a 5% daily gain and 46% increase in a month. The GM 30 Index saw a 0.5% increase to 162.13 in the last 24 hours, reflecting positive market momentum.

Bernstein analysts view bitcoin miners as a key equity proxy, projecting a $150,000 price target for the upcoming cycle.

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