Happy Tuesday!

Bitcoin may be dipping, but Bernstein stands by its $200,000 call by the end of the year — here’s what makes the asset manager so bullish.

Circle has announced a new blockchain, but that has so far not helped its stock price: here’s what analysts are saying about CRCL.

Plus, the latest earnings reports from key market movers could reshape entire sectors in minutes. Matt Maley has already mapped out his top trade setups — and tomorrow, he’ll walk you through them live. Here’s an exclusive invite to the event just for Benzinga readers.

TOP STORY

Bitcoin To $200,000 Is Bernstein's 'Highest Conviction,' But Solana, Ethereum Will Outperform Elsewhere

Brokerage firm Bernstein on Tuesday reaffirmed its most bullish outlook on digital assets, projecting Bitcoin to reach $200,000 while identifying Solana and Ethereum as the altcoins most likely to lead the next cycle.

What Happened: The firm said, "Our highest conviction view remains Bitcoin at $200k this cycle," adding that Ethereum and Solana "are set to outperform, leading innovation and adoption in decentralized applications."

Bernstein's conviction extends beyond tokens to publicly traded crypto-exposed equities and infrastructure.

Read the full scoop here. 

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Latest earnings reports from key market movers could reshape entire sectors in minutes. Matt Maley has already mapped out his top trade setups — and this Wednesday, he’s walking you through them live. These are trades built to close fast with clear entries, exits and risk controls. Be ready before Wall Street reacts.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are going down on Tuesday as the market continues to tread with caution: here’s what’s driving the market.

Bitcoin is going down, but its bull run isn’t over without a major external trigger, according to an economist — here’s what he means by that.

KindlyMD is the latest company to buy Bitcoin for its treasury — here’s how much.

SPECIAL EVENT

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FINTECH FOCUS

Circle Launches New Blockchain For Stablecoins: Goldman Sachs, JPMorgan Analysts Adjust Price Targets

Circle Internet Group unveiled a new blockchain, Arc, designed for stablecoin finance. The firm also introduced instant cross-chain liquidity via Circle Gateway, as it reported second-quarter results. Shares of the company tanked in early trading Tuesday despite the product announcements.

What are some of the key analyst takeaways about CRCL?

Read the full scoop here. 

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