Bernstein analysts predict continued growth of cryptocurrencies in the coming years, expecting a «long bull market» with a possible peak in 2027. Previously, Bitcoin was expected to peak in 2025-2026, but political support under the Trump administration, according to experts, prolonged the cycle. In their note, the analysts noted that Bitcoin could reach $200,000 in the next 6-12 months, after which investor interest would expand to Ethereum, Solana and other large tokens. Special attention is paid to shares of cryptocurrency companies. Bernstein raised its price targets for Coinbase ($510), Robinhood ($160) and Circle ($230), predicting accelerated business growth. According to analysts, Coinbase will benefit from the expansion of trading instruments, Robinhood from a diversified business model, and Circle from increasing the supply of USDC from $61 billion to $220 billion by 2027. Experts also note a noticeable revival of trading in the sector: in July, Robinhood and Coinbase recorded the highest transaction volumes in 2025. Lower rates in the second half of the year are expected to support interest in profitable blockchain—based products such as staking and DeFi-lending.
PAUTAN SEGERA