Bernstein Sees Opportunity in Crypto-Linked Equity Downturn

Wall Street broker Bernstein is advising investors to take advantage of the current dip in crypto-linked equities, which have fallen by around 60% from their 2025 highs. The firm believes that this downturn presents a rare chance to buy big businesses at big discounts.

The analysts led by Gautam Chhugani point out that the combination of geopolitical tensions and temporary weak sentiment in the crypto market has created an opportunity for investors to purchase companies with exposure to growing markets, such as stablecoins, tokenization, prediction markets, and derivatives.

Bernstein expects near-term weakness to persist through Q1 earnings but sees current levels as a potential entry point for these companies. The firm has revised its price targets while maintaining upbeat longer-term outlooks on Coinbase, Robinhood, and Figure.