Bitcoin

Bitcoin (BTC) Price Struggles Near $67,000 as Cryptocurrencies Lag Stocks

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Bitcoin will reach $1 million within 10 years, broker Bernstein said in setting a huge price target for MicroStrategy. BTC, the oldest and largest crypto asset, could reach a cycle peak of $200,000 by 2025, on track for the forecast 2033. The firm also initiated coverage for Michael Saylor’s MicroStrategy (MSTR), the largest owner bitcoin corporate, setting a price target of $2,890 per share with an outperform rating. That would translate into a nearly 100% rally for the stock, which closed Thursday at $1,480.

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