Bernstein, a leading asset manager with $725 billion in assets under management, is advising investors to increase their exposure to Bitcoin and cryptocurrencies as soon as possible. The recommendation comes at a time when the cryptocurrency market is rapidly evolving due to increased institutional interest and Bitcoin is reaching new highs. Bernstein believes that Bitcoin's status as a "digital gold" and a hedge against economic instability makes it an attractive investment option. The firm projects that Bitcoin could reach $200,000 by 2025 and $1 million by 2033, citing growing institutional demand and Bitcoin's scarcity. The launch of spot Bitcoin ETFs is expected to fuel further growth. Overall, Bernstein has an optimistic outlook for Bitcoin and cryptocurrencies, driven by institutional demand and favorable macroeconomic conditions.



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