Ethereum

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/robinhood-gains-favorable-outlook-from-bernstein-with-a-30-price-target/" data-wpel-link="internal">Robinhood Gains Favorable Outlook from Bernstein with a $30 Price Target</a> 
Global asset management firm Bernstein has recently upgraded trading platform Robinhood (HOOD) with a better performance rating. The price target set by the firm is $30. This bullish call was highlighted in a research report published today. Accordingly, the firm indicates that Robinhood will benefit from the “monster” crypto cycle. The firm also has predictions regarding the total market value of <a href="https://coin-turk.com/bitcoin-btc-yeniden-30-000-dolarin-altina-geriledi-kripto-para-piyasasinda-son-durum-3" data-wpel-link="internal">Bitcoin</a>, <a href="https://coin-turk.com/ethereumda-kara-tablo-yatirimcilar-1900-dolar-fiyat-seviyesinde-pes-edecek-mi" data-wpel-link="internal">Ethereum</a>, and the overall cryptocurrency market. 
<h2 style="text-align: justify" id="total-crypto-market-value-by-2025">Total Crypto Market Value by 2025</h2> 
According to Bernstein’s analysis, the total market value of the cryptocurrency market is expected to soar to $7.5 trillion by 2025, nearly tripling from the current $2.6 trillion. This increase in market value signifies substantial growth potential for Robinhood’s crypto revenue, which is expected to increase ninefold. The platform recorded a 10% increase in crypto trading volume in February compared to January, indicating strong market activity. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-327458 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/bernstein-coin-turk-com--scaled.jpg" alt="" width="2560" height="1700"> 
Bernstein’s outlook for individual cryptocurrencies is equally optimistic. They predict that <a href="https://en.coin-turk.com/bitcoin-faces-a-significant-retreat-is-the-bull-run-over/" data-wpel-link="internal">Bitcoin</a>‘s market value will reach $3 trillion by 2025, with <a href="https://en.coin-turk.com/ethereum-sees-notable-fluctuations-as-crypto-market-wavers/" data-wpel-link="internal">Ethereum</a> following at $1.8 trillion. 
Bernstein also expects other <a href="https://coin-turk.com/dev-altcoin-korkutan-balina-hareketliligi-trilyonlarca-token-hareket-ettirildi" data-wpel-link="internal">altcoins</a> to collectively achieve a combined market value of $1.4 trillion. Analysts Gautam Chhugani and Mahika Sapra attribute this upward trend to what they perceive as unprecedented institutional adoption in the crypto market. 
<h2 style="text-align: justify" id="bitcoin-etfs-to-reach-300-billion-in-assets-by-2025">Bitcoin ETFs to Reach $300 Billion in Assets by 2025</h2> 
Highlighting the trend of increasing mainstream acceptance, Bernstein forecasts a potential rise to $300 billion in assets under management for spot Bitcoin exchange-traded funds (ETFs) by 2025. They also anticipate the launch of an Ethereum ETF within the next 12 months, further solidifying the market’s institutional integration. 
In Bernstein’s view, Robinhood is poised to benefit from the earnings growth supported by the expected crypto boom between 2024 and 2025, representing a two-year cyclical trade. 
The market has already responded positively to Bernstein’s assessment, with Robinhood’s shares showing an increase of over 10% in after-hours trading following the announcement. This rise reflects investors’ confidence in the platform’s ability to navigate and grow amidst the ongoing crypto development. 
As Robinhood positions itself at the intersection of finance and technology, its role in democratizing access to crypto assets could be influential in shaping the future of digital finance. It remains to be seen whether the potential of Bitcoin and other cryptocurrencies will unfold as the company predicts in the coming time frame. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/robinhood-gains-favorable-outlook-from-bernstein-with-a-30-price-target/" data-wpel-link="internal">Robinhood Gains Favorable Outlook from Bernstein with a $30 Price Target</a></h5>

Robinhood Gains Favorable Outlook from Bernstein with a $30 Price Target

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