Bernstein urgently calls on investors to buy cryptocurrencies, since $ 200,000 per Bitcoin is forecast for 2025,000

• The asset management company Alliance Bernstein asks investors to "buy everything they can", since analysts assume that the most important old coins will be better off in the next 12 months than Bitcoin.
• This happened when Bitcoin broke through the $ 82,000 mark. Since then, the cryptocurrency has reached a new all-time high of $ 89,000.

In an article published on Monday, Bernstein Research supported the cryptocurrency and asked investors to buy everything [they] can “in the middle of rising prices that were apparently inspired by Donald Trump's election victory.

Trump, now a convinced proponent of cryptocurrency, is likely to be the first president to found a decentralized financial platform (World Liberty Financial), and it is expected that it is heralded an era of favorable regulatory measures that deals with the way the US government deals with it radically.

At the Bitcoin conference 2024 in July, Trump spoke of buying Bitcoin as a strategic reserve for the United States if he was elected. Even if this is not an official election promise, it is one of several in which the crypto industry holds.

Bitcoins ascent to new highs

Bitcoin broke his previous all-time high of $ 73,000 on November 6th after the presidential election. Since then he has risen to a new all-time high of $ 89,000, which has been reached today. However, Trump's presidential victory is not the only catalyst that drives the leading cryptocurrency to new highs.

The increased institutional interest is another important catalyst for the price development of Bitcoin, since institutions buy cryptocurrency either as inflation protection or for potential future profits.

Microstrategy recently bought 27,200 bitcoins for $ 2 billion, the largest individual purchase since 2020. The total stock of the company was on November 10 to 279,420 bitcoins at an average price of $ 42,600 per Btc.

Today, the value of the MICROSTRATYITION has doubled because Bitcoin is traded at the level of $ 85,000 at the time of publication. As a result, the share price is 23 % above yesterday's closing price of $ 340; A trend that is becoming more and more common in listed companies with Bitcoin stocks.

The institutional interest is also evident in the traces of Bitcoin-Spot-ETFs. According to the data from Coinglass, a data analysis platform for cryptocurrency derivatives, the ten largest Bitcoin spot ETFs in the USA yesterday recorded a cumulative inflow of $ 1.12 billion.

Research analysts from Bernstein assume that Bitcoin will reach $ 200,000 in this cycle and that a friendlier regulatory environment will enable great old coins such as Ethereum and Solana to exceed Bitcoin in the next 12 months.

Bitcoin fell by 2 % on the day of publication.