<span>Bloomberg:</span> <strong>Bernstein:</strong> <em>Crypto Bull Market Could Last Until 2027, Bitcoin Could Rise to $200,000 in the Next Year</em>

BlockBeats News, August 19th: A recent report by Bernstein analysts pointed out that despite the recent price cool-off, the current cryptocurrency bull market may continue until 2027 due to U.S. policy support and increasing institutional adoption. The analyst expects Bitcoin to rise to $150,000–$200,000 within the next year and has also raised the price targets for Coinbase, Robinhood, and Circle.

Furthermore, the company predicts that the cryptocurrency cycle will outperform Bitcoin, with Ethereum, Solana, and DeFi tokens driving the next leg up. (The Block)