Crypto Market Bull Run Could Continue Through 2027, Bernstein Raises Bitcoin Target

Bernstein predicts continued growth in the crypto market might extend well beyond the current peak. The firm believes a strong U.S. policy push and growing institutional adoption will drive this expansion, potentially extending the rally through 2027. Bitcoin is expected to reach $150,000-$200,000 within a year, with analysts citing expanding DeFi applications and increased institutional investment as key drivers behind its ascent. Ethereum, Solana, and DeFi tokens are predicted to lead the next phase of growth, potentially bringing significant inflows to exchanges and stablecoin issuers. 3 specific examples, Chainlink, Uniswap, Polkadot, Stellar, and Hyperliquid were highlighted as notable performers.