Crypto Market Surges with Bullish Momentum and Rising Price Forecasts
The Crypto market is showing signs of a bullish trend, with Bitcoin's Bull Score hitting its highest since October 2025, according to CryptoQuant. This indicator suggests that despite short-term profit-taking, the long-term outlook for Bitcoin remains strong.
Bernstein has raised its Bitcoin price forecast to $150,000 by mid-2027 and up to $300,000 by 2029, citing rising U.S. debt and weakening fiat currencies as contributing factors.
XRP is also gaining traction due to growing stablecoin activity on the XRPL, which may support demand despite some profit-taking by traders.