Cryptocurrency appears to be gearing up for significant growth, according to a recent report. The report suggests that the collective value of crypto could triple to reach $7.5 trillion by the year 2025. Researchers Mahika Sapra and Gautam Chhugani from Bernstein highlighted several key factors in a note to their clients that could fuel this surge.
According to Bernstein’s analysis, Bitcoin might reach $150,000 by next year, buoyed by the unprecedented influx of funds into 10 newly launched Bitcoin spot ETFs earlier this year. While the pace of inflows has tapered off since the beginning of last month, Bernstein views this as a temporary…
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