Tag: Gautam Chhugani

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Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout

October 16, 2024

Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto…
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Analyst Predicts SEC Will Approve First Spot Bitcoin ETF by Mid-March Next Year

September 7, 2023

Asset management firm Bernstein has predicted that the U.S. Securities and Exchange Commission (SEC) will approve its first spot bitcoin exchange-traded fund (ETF) between mid-October and mid-March next year. The firm’s analyst believes that “the crypto ETF opportunity won’t just stop at bitcoin but will extend into multiple crypto assets.” Bernstein’s Spot Bitcoin ETF Prediction…
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