Bernstein Sees Longer Crypto Bull Cycle as Bitcoin Nears $80,000

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Bernstein said bitcoin’s recent $60,000 lows marked a trough as BTC approached $80,000, and the firm sees asymmetric upside with a longer crypto bull cycle. Bernstein linked that view to ETF-led institutional demand, expanding access through Morgan Stanley and Charles Schwab, and stablecoin supply above $300 billion.

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