Analysts at Bernstein have recently released a new report on the crypto market. The analysts said that although the market may be cooling down, the rally is far from over. In the report, it was stressed that the current bull run could extend into 2026 and peak in 2027. It was said that U.S. U.S.-friendly policy, rising institutional participation, could extend the runway for digital assets A Crypto Bull Run Beyond the Norm Bernstein’s team, led by Gautam Chhugani and Mahika Sapra, bull run expectations are beyond the traditional four-year rhythm. The firm projects Bitcoin to trade between $150,000 and $200,000 within the next year, boosted by favorable policies and political will. In particular, they noted that the Trump administration is committed to turning the U.S. into the global hub for crypto innovation. This bullish stance highlights a rare moment in which both policy direction and market demand are moving in the same direction. This cycle is not driven only by retail hype. It is being supported by stronger institutional investment and a wider range of assets, gaining traction. Robinhood, Coinbase, and Circle in the Spotlight Bernstein raised its price targets for three companies it sees as central players in this new wave, including Robinhood, Coinbase, and Circle. For Robinhood’s shares HOOD, the target increased to $160 from $105. July’s crypto trading volume on the platform reached $16.8 billion, marking a 110% month-over-month jump. Analysts said the company’s expansion into Europe with tokenized products , its staking rollout, and its acquisition of Bitstamp, strengthen its long-term prospects. Coinbase (COIN) received a price target of $510, stating that its “everything exchange” strategy could be a catalyst for this upside. In July, the firm’s trading volumes topped $100 billion, and transaction revenue rose 44% compared to the previous quarter’s average. Bernstein also pointed to Coinbase’s growth in derivatives. This is especially perpetual futures, and its integration of Deribit’s options platform after a $2.9 billion deal. A Broader Rally Ahead Bernstein kept its target for Circle’s NYSE-listed shares, CRCL , to reach $230. Also, Circle’s stablecoin, USDC, has a $68 billion supply today, which Bernstein expects to climb to $99 billion in 2026 and $173 billion in 2027. They noted Circle’s banking partnerships, payment integrations, and the launch of the Arc blockchain as key drivers. Currently, Robinhood trades at $115, Coinbase at $320, and Circle at $141. While prices remain far below Bernstein’s projections, the firm insists the runway is long and the catalysts are strong. If correct, the current cool-off may simply be the pause before the next leg higher. Bernstein also argued that the market’s next phase will not be limited to Bitcoin alone. Assets such as Ethereum (ETH), Solana (SOL), and a range of decentralized finance (DeFi) tokens are expected to fuel further inflows into exchanges and stablecoin platforms. The post Bernstein Predicts Longer Crypto Bull Run Until 2027 appeared first on TheCoinrise.com .
