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Analyst doubles down on sinking crypto stocks
Jan. 6 opened on a high for crypto traders as Bitcoin touched the $94,000 mark. However, the joy was short-lived as BTC failed to break past it. Crypto-related stocks also faced sharp pullbacks as a result. However, Bernstein analyst Gautam Chhugani has released his 2026 crypto outlook and he is much more optimistic about Bitcoin and a few major crypto stocks. Bitcoin started 2025 on a bullish note, surging to $102,000 in early January as Donald Trump took office. The rally soon lost steam, and BTC consolidated between $98,000 and $104,000 through February before slipping to $80,000 by month’s end and bottoming ... (full story)
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