Bernstein Boosts Bitcoin Price Target to $90K, Upgrades Crypto Mining Stock Outlook

Bernstein raised its bitcoin price target to $90,000 by end of 2022, up from $80,000 previously
Boosted outlook on crypto mining stocks based on bitcoin's rise and positive reception to new spot bitcoin ETFs
Lowered forecast for decline in bitcoin's hash rate after April's halving event to 7% from 15% previously
Raised price targets for CleanSpark to $30 from $14.20 and Riot Platforms to $22 from $22.50 with outperform ratings
Bitcoin traded near $66,300, up 7% from 24-hour lows under $62,000 though below November 2021 peak near $69,000