The U.S. investment research firm Bernstein, in a client note released on Wednesday, maintained its core scenario that Bitcoin (BTC) will surpass its all-time high of $150,000 by mid-2027 and reach around $300,000 by 2029, buoyed by concerns over the devaluation of the U.S. dollar, as reported by U.S. news site The Block.
According to The Block, Bernstein analysts, including Gautam Chugani, noted that the 40-year trend of low interest rates...