Bernstein analysts anticipate that the cryptocurrency bull market may extend into 2026, driven by institutional adoption rather than retail investors chasing higher prices, analysts led by Gautam Chhugani wrote in a note to clients on Monday, adding that the market is now driven not only by retail investors chasing higher prices, but also by institutional adoption, "Our conviction in blockchain and digital assets has never been higher," the analysts reiterated a BTC price target of $200,000.00 by the end of 2025 or early 2026. (The Block) [Odaily Planet Daily]

Bernstein: Bitcoin to reach $200,000 by the end of 2025 or early 2026