Bernstein, a $725 billion asset management company, has urged investors to invest in Bitcoin as its value could see significant increases. This advice comes as Bitcoin hit an all-time high above $82,000 over the weekend, which is the second time it has reached this level since Trump’s re-election victory in 2024.
Analysts predict that this could be the beginning of a prolonged rise in the value of the cryptocurrency, and that investors should buy as much as they can before prices increase further. Some experts even predict that Bitcoin could reach $100,000 before Trump’s inauguration in January 2025, making his election one of the most significant developments in the history of the industry.