Summary
- Bernstein said crypto-related stocks have fallen about 60% from their 2025 peak, boosting their valuation appeal.
- The report said geopolitical tensions and a near-term pullback in crypto investor sentiment have left the stocks trading at a discount, and that this is now a buy-the-dip zone for large-cap companies.
- Bernstein noted the possibility of a short-term bearish trend, but said firms with exposure to stablecoins, tokenization and derivatives are better positioned over the medium to long term.
Forecast Trend Report by Period
An analysis suggests that as crypto-related stocks have fallen sharply, a buy-the-dip opportunity is emerging.
According to crypto (digital-asset) news outlet CoinDesk on the 30th, Wall Street investment bank Bernstein said in a report that crypto-related stocks have fallen about 60% from their 2025 peak, increasing their valuation appeal.
The report said that "geopolitical tensions and a near-term downturn in crypto investor sentiment have combined to push these stocks to trade at steep discounts," adding that "this is now a zone to buy large-cap companies at lower prices."
Bernstein noted that while a short-term bearish trend could persist until first-quarter earnings are released, current levels can be seen as an entry point. In particular, it said companies with exposure to high-growth areas such as stablecoins, tokenization and derivatives are better positioned over the medium to long term.
However, Bernstein cut its price targets for Coinbase, Robinhood and Figure. It lowered Coinbase to $330 from $440, Robinhood to $130 from $160, and Figure to $67 from $72.
Meanwhile, the market is undergoing a correction amid macro uncertainty, the regulatory environment and deleveraging, but some observers say that if investor sentiment recovers alongside earnings, related stocks could also rebound.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
