From Investing.com

November 11, 2024 07:41 AM:

Bernstein analysts are urging investors to buy into the crypto market, citing a bullish outlook under the upcoming Trump administration. Bitcoin’s price surged past $80,000, driven by Trump’s crypto-friendly policy proposals, including establishing a national Bitcoin stockpile. Bernstein maintains a $200,000 price target for Bitcoin by 2025 and sees potential gains for Bitcoin miners like Riot Platforms and CleanSpark. Additionally, AI-focused miners like Iris Energy and Core Scientific offer exposure to Bitcoin and artificial intelligence, with potential for growth. Other stocks expected to benefit from the crypto boom include MicroStrategy and Robinhood.

Read more at Investing.com: Bernstein: ‘Welcome to the crypto bull market