【Bernstein: Expect Bitcoin to reach $200,000 by the end of 2025】Golden Finance reports that Bernstein analysts have released a bullish report after the U.S. elections, encouraging investors to increase their exposure to the crypto industry as soon as possible. Bitcoin broke through $80,000 after Trump's victory, setting a new historical high. Gautam Chhugani, head of research at Bernstein, stated that the Trump administration is expected to adopt pro-crypto policies or appoint a new SEC chairman, which could bring a more favorable regulatory environment for the industry. The report advises investors to pay attention to spot Bitcoin and Ethereum ETFs, publicly listed Bitcoin mining companies, companies holding Bitcoin, and crypto trading platforms (such as Robinhood and Coinbase). Additionally, Bernstein expects Bitcoin to reach $200,000 by the end of 2025 and recommends investors buy major digital assets such as BTC, ETH, and SOL.