Bernstein analysts recommend positioning in crypto stocks during the 2026 market correction

Bernstein analyst Gautam Chhugani stated that after a strong performance in the crypto industry in 2025, there is still medium- to long-term upside potential in 2026, and suggests that investors should allocate to crypto-related stocks during the market correction in 2026. The analysis predicts a bitcoin price target of $150,000 in 2026, with a cycle peak of $200,000 in 2027; stablecoin supply is expected to grow by 56% to $42 billion; and the total value locked in RWA tokenization is projected to increase to $8 billion. Recommended targets include HOOD, a certain exchange, FIGR, CRCL, MSTR, and IREN.