Bitcoin Could Hit $300K by 2029 as ‘Debasement Trade’ Gains Momentum, Bernstein Says
August 26, 2026 · 10:30 PM

Global brokerage and research firm Bernstein projected that the price of Bitcoin will reach a cycle peak of $300,000 by 2029. Analyst Gautam Chhugani explained that the pioneer cryptocurrency is positioned as the primary macroeconomic beneficiary of the debasement trade, fueled by the ongoing devaluation of fiat currencies amid high fiscal deficits across major economies. ... Read more
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