Bernstein continues to maintain its Bitcoin price target of $200,000 within the next 12 months, viewing the current correction as a potential buying opportunity for investors. In a new report, analysts at Bernstein assert that a drop below $80,000 is a strategic entry point for Bitcoin, especially as they remain bullish on institutional and corporate capital flows.
Read MoreAnalysts at research and brokerage firm Bernstein predict that liquidity in the crypto market will shift from memecoins to more utility tokens in the DeFi, gaming, and NFT sectors.
Read MoreChangpeng "CZ" Zhao, co-founder and former CEO of Binance, has revealed his crypto portfolio on the Binance Square platform.
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