{"id":11608,"date":"2024-03-14T16:42:05","date_gmt":"2024-03-14T14:42:05","guid":{"rendered":"https:\/\/forklog.com\/en\/bernstein-predicts-cryptocurrency-market-surge-to-7-5-trillion\/"},"modified":"2024-03-14T16:42:05","modified_gmt":"2024-03-14T14:42:05","slug":"bernstein-predicts-cryptocurrency-market-surge-to-7-5-trillion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bernstein-predicts-cryptocurrency-market-surge-to-7-5-trillion\/","title":{"rendered":"Bernstein Predicts Cryptocurrency Market Surge to $7.5 Trillion"},"content":{"rendered":"<p>The total market value of crypto assets is projected to nearly triple to $7.5 trillion by the end of 2025, according to a Bernstein report on Robinhood Markets shares, as reported by <a href=\"https:\/\/www.theblock.co\/post\/282472\/crypto-market-cap-7-5-trillion-usd-2025-bernstein\">The Block<\/a>.<\/p>\n<p>Experts forecast Bitcoin&#8217;s market capitalization to rise to $3 trillion, Ethereum to $1.8 trillion, and other leading projects like Solana and Avalanche to collectively reach $1.4 trillion. Blockchain games are expected to become the &#8220;killer app,&#8221; the specialists added.<\/p>\n<p>Analysts predicted an increase in the <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> of spot Bitcoin ETFs to $300 billion by the specified date.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-952.webp\" alt=\"1-952\" class=\"wp-image-228319\"\/><figcaption class=\"wp-element-caption\">Data: Bernstein, The Block.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The crypto market is on the brink of unprecedented institutional adoption,&#8221;<\/em> the report states.<\/p>\n<\/blockquote>\n<p>Analysts initiated coverage of the online broker&#8217;s securities with an &#8220;outperform&#8221; rating, driven by the anticipated &#8220;monstrous&#8221; growth of the digital asset market.<\/p>\n<p>The target price for Robinhood shares was set at $30. With a closing price of $17.16 on March 13, this suggests a potential increase of 74.8%. In pre-market trading, the securities are up 11.54%, according to <a href=\"https:\/\/finance.yahoo.com\/quote\/HOOD\/\">Yahoo.Finance<\/a>.<\/p>\n<p>According to the document, Robinhood&#8217;s revenues are expected to grow ninefold. The consensus forecast suggests a fivefold increase. As of February, the organization reported a 10% month-on-month increase in cryptocurrency trading volume on the platform <a href=\"https:\/\/investors.robinhood.com\/news\/news-details\/2024\/Robinhood-Markets-Inc.-Reports-February-2024-Operating-Data\/default.aspx\">on 10% m\/m<\/a>.<\/p>\n<p>Earlier, Bernstein identified mining company stocks as the best proxy investments in Bitcoin as the digital gold&#8217;s price moves towards the target of $150,000. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total market value of crypto assets is projected to nearly triple to $7.5 trillion by the end of 2025, according to a Bernstein report on Robinhood Markets shares, as reported by The Block. Experts forecast Bitcoin&#8217;s market capitalization to rise to $3 trillion, Ethereum to $1.8 trillion, and other leading projects like Solana and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1138,1234],"class_list":["post-11608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-opinions","tag-robinhood"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11608"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11607"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}