Brokerage firm Bernstein on Tuesday reaffirmed its most bullish outlook on digital assets, projecting Bitcoin (CRYPTO: BTC) to reach $200,000 while identifying Solana (CRYPTO: SOL) and Ethereum (CRYPTO: ETH) as the altcoins most likely to lead the next cycle.

What Happened: The firm said, “Our highest conviction view remains Bitcoin at $200k this cycle,” adding that Ethereum and Solana “are set to outperform, leading innovation and adoption in decentralized applications.”

Bernstein’s conviction extends beyond tokens to publicly traded crypto-exposed equities and infrastructure.

Analysts expressed strong support for Robinhood (NASDAQ:HOOD), Coinbase (NASDAQ:COIN), and Circle (NSYE: CRCL), viewing them as beneficiaries of growing institutional …

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