Grayscale: Value Storage Demand and Regulatory Clarity Will Drive Crypto Bull Market, Bitcoin Could Hit New High in First Half of Next Year

On December 30th, Grayscale’s research arm released its 2026 Cryptocurrency Market Outlook report, noting that demand for store-of-value assets and clearer regulation are fueling the next crypto bull market in 2026. Escalating government debt, persistent fiscal deficits, and concerns over fiat currency devaluation are pushing investors to diversify beyond traditional assets. Additionally, Grayscale predicts the U.S. crypto market structure bill—delayed by political gridlock and government shutdowns—will gain bipartisan support and advance in early 2026. While the bill failed to pass in 2025 amid political headwinds, lawmakers from both parties now seek to establish clearer federal rules for digital assets. Thus, Grayscale projects a valuation surge in 2026, with the so-called "four-year cycle" concluding. Bitcoin’s price is likely to hit a new all-time high in the first half of 2026.