Bitcoin Shows Resilience as Bernstein Analysts Assess Market Impact

1 min

Bernstein analysts report that bitcoin’s (https://holder.io/coins/btc/) current price is down 26% from its recent peak, indicating resilience compared to previous crises where declines reached 50-70%. Key points include:

Strengthened digital gold thesis due to increased institutional adoption through ETFs and corporate treasuries.
Negative impact of tariffs on U.S. bitcoin miners' hashrate, affecting mining supply chains.
Large miners like Riot Platforms (https://holder.io/coins/riot/), IREN (https://holder.io/coins/iren/), MARA Holdings (https://holder.io/coins/mara/), and CleanSpark (https://holder.io/coins/clsk/) may gain market share due to scalability and AI capabilities.