Analysts at Bernstein predict that the overall cryptocurrency market value will triple by the end of 2025. Thus, they estimate that it will rise to 7.5 trillion dollars. Analysts say Bitcoin and Ethereum will drive growth amid “unprecedented” institutional adoption.
Bitcoin and these 3 cryptocurrencies will attract the honey of growth!
Analysts at Bernstein predict that the overall crypto market cap will rise to $7.5 trillion by the end of 2025. This means that the cryptocurrency market value will triple. According to analysts, this growth will be driven by “unprecedented” institutional adoption of crypto. Bernstein analysts Gautam Chhugani and Mahika Sapra shared the following assessment with their clients on Thursday:
We expect the total crypto market value, which is $2.6 trillion today, to reach $7.5 trillion by 2025. This is led by Bitcoin ($3 trillion by 2025). It is followed by the Ethereum ecosystem ($1.8 trillion by 2025) and leading Blockchains such as Solana and Avalanche ($1.4 trillion by 2025). Blockchain games will be the consumer killer.
Chhugani and Sapra say success will continue for new US spot Bitcoin exchange-traded funds. They also predict that assets under management will grow from the current $60 billion to $300 billion by 2025. This means a five-fold increase estimate.
Robinhood ‘riding crypto comeback arc’
Bernstein analysts also began to review Robinhood shares with an outperform rating. Analysts suggest that Robinhood is “riding the crypto comeback arc.” Accordingly, they foresee a price target of $30, with 80% upside.
Meanwhile, predicting a “crypto cycle monster” between 2024 and 2025, analysts expect the fintech app, which has 11 million active investors, to grow crypto revenues ninefold (five times the 2025 consensus view). “We expect 2025 to be the inflection year for full-year positive net income of ~$910 million versus a loss of $541 million in 2023,” analysts add.
Shares in the stock and crypto trading app closed at $17.16 on Wednesday, according to TradingView. So it’s up about 5% on the day and 46% over the past month. Meanwhile, the GM 30 Index increased by 0.5% to 162.13 in the last 24 hours. This index represents the top 30 cryptocurrencies. Bernstein analysts argue that Bitcoin miners remain the best equity proxy for BTC. cryptokoin.comAs you follow from, some analysts say BTC is heading towards the $150,000 target this cycle.
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