Cryptocurrency Market to See More Upside Following Bank Problems: Bernstein
According to a research note from Bernstein, the cryptocurrency market is poised to see more upside due to ongoing problems in the traditional banking sector. The report notes that cryptocurrencies offer an alternative to traditional banking, particularly in countries with high inflation rates and low banking penetration. The report also highlights the increasing institutional adoption of cryptocurrencies and the potential for increased regulation as factors that could drive the market higher.
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