Crypto markets continue their upward trajectory, with Bitcoin crossing $89,000 on Monday and institutional investment in digital assets reaching new highs.
Amid rising prices, Bernstein Research has issued a resounding endorsement of the sector, recommending clients “buy everything you can,” according to a report published Monday.
Analysts Gautam Chhugani and Mahika Sapra attribute the market’s buoyancy to a new political climate in Washington, with incoming policy advisors expected to ease longstanding regulatory headwinds for the industry.
The rally, ignited by a more favorable regulatory landscape in the U.S. on a Donald Trump victory, has pushed asset managers, brokers, and private investors alike to reconsider their crypto exposure…
Nov 15 2024
