Bitcoin Blasts Past $82,000: ‘Buy Everything You Can,’ Says Bernstein
Posted On November 11, 2024
Bernstein on Monday reiterated a robust bullish stance on the crypto market, encouraging investors to “buy everything you can” as Bitcoin surged above the $82,000 mark on Monday morning.
What Happened: Bitcoin (CRYPTO: BTC) is trading at $82,300, up 3.7% for the day, setting yet another all-time high.
Ethereum (CRYPTO: ETH) meanwhile, is trading $3,180, flat, on Monday morning European trading hours.
Bernstein highlights the favorable regulatory environment under the incoming Donald Trump administration, which it believes will significantly impact the crypto market’s growth trajectory.
“Don’t fight this – add crypto exposure asap,” the report states, noting that the recent election has positioned the digital asset market to benefit from a