The cryptocurrency industry has been on an upward trajectory since Donald Trump’s win. While some were celebrating the notable surge in their profits, a few others were dreading selling early. Amidst this, several individuals continue sitting on the fence. As a result, Bernstein analysts stepped up and urged the community to begin purchasing.

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Bernstein Analysts Urge Cryptocurrency Investors To ‘Buy Everything’

Bernstein Research has strongly endorsed the cryptocurrency industry. They were seen telling investors to “buy everything you can.” The market’s strength is attributed by analysts Gautam Chhugani and Mahika Sapra to a changing political environment in Washington, where new policy advisors are anticipated to reduce long-standing regulatory obstacles for the sector.

This optimism came from Donald Trump’s win. The analysts are looking forward to the anticipated favorable regulatory climate for the cryptocurrency market under Trump’s administration.

Chhugani encouraged investors who were previously wary because of regulatory worries to “invert their mental model” in light of Trump’s win and expected changes in policy, beginning with a new SEC chair who is pro-cryptocurrency. They said,

“We expect a crypto-friendly regulatory environment under Trump, starting with a pro-crypto SEC. Aides in the Trump’s transition teams are explicitly pro-crypto. Don’t fight this. Welcome to the crypto bull market — buy everything you can.”

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Looking Into The Market

Bitcoin (BTC) went from struggling to get above the $60,000 level all the way to a high of $89,956.88. While $90,000 or even $100,000 isn’t too far for the king coin, it saw a slight setback during press time. The cryptocurrency was trading at $86,772.72 following a 5% daily rise.

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The analyst further expressed confidence in its prediction of $200,000 in 2025. The said,

“Even at $81K/Bitcoin, we believe risk-reward is favorable over the next 12 months.”

Apart from Bitcoin, Bernstein’s “Digital Assets Basket” indicated support for networks like Ethereum and Solana as well as Arbitrum, Optimism, and Polygon. The firm added,

“Going forward, as the regulatory environment around tokens eases out, we expect Ethereum, Solana, and other digital assets to outperform Bitcoin over the next 12 months.”

Also Read: Massive XRP Bull Run: Target $1 Before Trump’s Inauguration?