Wall Street firm Bernstein expects the cryptocurrency bull market to last longer than previously anticipated, projecting a peak in 2027 rather than 2025-2026. The report highlights Robinhood (HOOD), Coinbase (COIN), and Circle (CRCL) as potential beneficiaries of this market behavior.

Key Points:

• Bernstein adjusts its price target for Robinhood to $160 from $105, while reaffirming its outperform rating for the stock.
• Analysts predict that Bitcoin could ascend to between $150,000 and $200,000 within the next year, with the bullish market potentially affecting Ethereum, Solana, and decentralized finance tokens.

Bernstein anticipates trading volumes to increase towards 2026, citing current activity in Robinhood and Coinbase alongside a rise in USDC supplies underpinning their optimistic outlook. The firm also notes that Robinhood’s enhanced business model is likely to yield a 53% earnings per share (EPS) compound annual growth rate (CAGR) through 2027, thus supporting an improved valuation.

Investigate further by reading more on Coinbase’s efforts as an Ethereum-focused player.