Bernstein lowered the firm’s price target on Circle Internet (CRCL) to $190 from $230 and keeps an Outperform rating on the shares. For 2026, the firm expects a tokenization supercycle – tokenization of the dollar, tokenization of capital markets, tokenization of events. Bernstein still feels good about Bitcoin despite the weak sentiment in Q4. It believes with reasonable confidence that Bitcoin and broader digital asset markets have bottomed.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRCL:
- Crypto Currents: Goldman Sachs sees structural growth in 2026 crypto revamp
- Circle Internet price target raised to $88 from $79 at Goldman Sachs
- Bullish flow in Circle Internet Group Inc with shares up 4.23%
- Crypto Currents: Cantor says bitcoin could be weak for next few months
- After Bitcoin’s (BTC) First Yearly Loss Since 2022, What Should Investors Expect in 2026?