Bitcoin News

Story: Bitcoin Set to Double as Trump’s Crypto Agenda Fuels Wall Street Frenzy

By Steven Anderson

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Bitcoin’s latest rally may have cooled after reaching an all-time high last week, but leading analysts argue that the world’s largest cryptocurrency is far from done.

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The prediction comes at a pivotal moment for the crypto industry. Bitcoin’s climb to $123,500 last week marked yet another milestone in its volatile history, but the pullback to…

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At the heart of Bernstein’s outlook is the belief that U.S. policy is now more favorable to crypto than at any point in history.

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The regulatory front has also taken a dramatic turn. SEC Chair Paul Atkins unveiled “Project Crypto” in July, a sweeping initiative designed to streamline oversight and reduce…

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Together, these developments mark a sharp contrast from the restrictive stance of prior administrations.

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Bernstein’s digital asset team, led by Gautam Chhugani, described the current cycle as a “long, exhausting bull run” that could stretch all the way to 2027.

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“We believe Bitcoin is only beginning to realize its role as a global store of value,” the analysts wrote. “The combination of institutional participation, favorable U.S.

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According to their projections, Bitcoin will likely retest $150,000 before pushing higher toward $200,000, cementing its position as the dominant force in digital finance.

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While Bitcoin remains the headline act, Bernstein expects the rally to extend across the broader crypto market.

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“Institutions are beginning to build on blockchain infrastructure in ways that could replace legacy banking models,” explained Chris Robins, head of growth at Axelar.

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The bullish sentiment isn’t limited to digital assets themselves. Publicly traded companies linked to crypto are also drawing investor attention.

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Stablecoin issuers are seeing explosive growth as well. Circle, the company behind USDC, has become one of the biggest success stories of the year.

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As Bitcoin consolidates near $113,000, the market is grappling with the question of whether this rally is just another temporary surge or the beginning of a structural revaluation.

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With Washington embracing crypto more openly, institutions allocating capital at an accelerating pace, and retail participation once again on the rise, the stage may be set for…

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If Bernstein’s $200,000 target is met, the implications would extend far beyond the crypto world.

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