Bitcoin Surges Past $90K Amid Renewed Crypto Enthusiasm

Bernstein Research has advised investors to increase their exposure to cryptocurrencies, particularly Bitcoin, which recently reached a new all-time high of $89.6k, making it the 8th largest asset globally. Analysts attribute the bullish trend to a shift in U.S. political climate favoring crypto regulation under President Trump. Bernstein predicts Bitcoin could reach $200k by next year, while trader Peter Brandt forecasts a potential $125k by year-end. The firm also expects altcoins like Ethereum and Solana to outperform Bitcoin as regulatory conditions improve.