‘Buy everything you can,’ Bernstein says amid Trump-backed crypto bull market resurgence. Analysts urged investors who avoid investing in the crypto industry due to regulatory concerns to ‘reverse their mental models’. In this context, Bernstein named 8 altcoins along with Bitcoin as an investment option. Meanwhile, BTC funding rate reached the highest level in recent months. Derivatives traders are signalling a strong bullish trend.
Bernstein analysts: Don’t fight it!
As you follow from Kriptokoin.com, Donald Trump achieved an overwhelming election victory last week. After that, Bitcoin broke records in a row and rose above $ 82,000. Analysts at research and brokerage firm Bernstein urged investors to enter the crypto sector ‘as soon as possible’. Analysts led by Gautam Chhugani said, ‘Don’t fight it! Welcome to the crypto bull market. Take everything you can get,’ he said.
Chhugani urged investors who have avoided crypto exposure due to regulatory concerns to ‘reverse their mental modalities’ after the US election results, pointing to expectations of a crypto-friendly regulatory environment under Trump, starting with a new SEC Chairman. Analysts noted that Trump, who was previously sceptical of the industry, put forward various crypto policies during the campaign, including creating a national Bitcoin stockpile and promising to ‘end the war against crypto regulation’.
‘There is no excuse for Bitcoin investment anymore!’
The aides on Donald Trump’s transition team are also openly pro-crypto. Chhugani highlighted that Vice President-elect JD Vance, along with coalition team members RFK Jr. and Vivek Ramaswamy, have announced their Bitcoin holdings and support for the industry. a16z and Silicon Valley Trump supporters such as David Sacks are also crypto advocates. He also noted that the industry in general spent $130 million during the election to support pro-crypto candidates. He emphasised that Bitcoin ETFs have seen about $4.7 billion worth of inflows in the last few weeks alone.
Greg Cipolaro, global head of research at New York Digital Investment Group, a Bitcoin financial services and infrastructure firm, addressed investors following Trump’s victory. Cipolaro said there is no longer any excuse to stay away from investing in Bitcoin .
Bernstein: Bitcoin and these altcoins are suitable for investment!
Meanwhile, institutional investors have more limited options. Analysts point to spot Bitcoin and Ethereum ETFs for institutions, public Bitcoin miners such as Riot and Core Scientific, or artificial intelligence diversifiers such as IREN and CleanSpark, companies such as MicroStrategy with Bitcoin institutional treasuries, and crypto exchanges such as Robinhood and Coinbase as exposure paths.
There are also some options for investors who will buy cryptocurrencies directly. Bernstein recommends a basket of digital assets, including BTC, ETH, SOL, OP, ARB, POL, UNI, AAVE and LINK . In this context, Chhugani said, ‘We remain confident in our $ 200,000 Bitcoin price target by the end of 2025. Even at $ 81,000, we believe the risk-reward is appropriate for the next 12 months, ‘he says.
Bitcoin funding rate has reached its highest level in recent months!
According to Coinglass, Bitcoin (BTC)’s open interest-weighted funding rate has reached a peak of several months. This shows that derivatives traders are taking bullish positions. Analysts emphasise the impact of increased optimism in the crypto market following Donald Trump’s recent US election victory. He expects this positive funding trend to increase further. Deribit CEO Luuk Strijers made the following statement on the subject:
The high positive funding rate underlines the bullish sentiment among investors eager to take more leverage. Continuous futures have significantly outperformed spot markets. This reflects a post-election surge of optimism in the crypto community. These metrics point to both increased enthusiasm and increased institutional participation in crypto markets.
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