Research firm Bernstein maintained its "outperformance" ratings for Robinhood and Coinbase and said the crypto bull market is still in its early stages, with Robinhood's second-quarter revenue up 46% year-over-year and crypto transactions up 32% year-over-year.
Bernstein analysts said that while Robinhood and Coinbase shares have risen significantly this year, the current cryptocurrency bull market is still in its early stages. Among them, Robinhood shares have risen by more than 175% this year, and Coinbase has risen by 47%, compared with Bitcoin and Ethereum, which have risen by 27% and 15% respectively this year.
Bernstein: The crypto bull market is still in its early stages
2025-07-31 13:44:52
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