A recent forecast from a Wall Street firm suggests that the cryptocurrency market cap is on track to hit $7.5 trillion by 2025, with Bitcoin potentially reaching $150,000.

According to analysts at Bernstein, the crypto market is expected to double in size over the next year. This growth trajectory could lead to significant rallies for top cryptocurrencies like Bitcoin, Ethereum, and Solana.

The projection indicates that the market value of crypto assets will expand from $2.8 trillion to $7.5 trillion, with Bitcoin taking the lead. By 2025, Bitcoin is anticipated to become a $3 trillion asset, driven by the successful launch of exchange-traded funds tied to the cryptocurrency. This could push its value to $150,000 by next year.

Following a positive performance in February, including an increase in managed assets and trading volume, Robinhood’s stock price surged to its highest level since December 2021 during Thursday’s trading session in New York. The company has seen its stock price rise by over 40% this year.

Bernstein analysts have initiated coverage on Robinhood Markets, suggesting a strong buy rating as they foresee significant growth in the crypto market. Analyst Gautam Chhugani predicts a ninefold increase in Robinhood’s cryptocurrency trading volumes over the next two years, indicating a lucrative opportunity for investors to capitalize on this trend.

For more insights and updates on the cryptocurrency market, stay tuned to Global Crypto News.

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