Analysts at trading firm Bernstein have urged clients to add digital assets exposure as Bitcoin hits an all-time high following Donald Trump's election victory.
Bernstein's digital assets team believes that the broader crypto market still has substantial room for growth and advises clients to buy everything they can.
The timing of Bernstein's bullish recommendation aligns with a 20% surge in the overall crypto market cap since Trump's victory.
The appointment of a pro-crypto SEC chair by Trump could lead to more favorable regulations for the crypto industry in the US.