Grayscale: Demand for store of value and regulatory clarity will drive the crypto bull market, Bitcoin may reach a new all-time high in the first half of next year

BlockBeats News, December 30, Grayscale Research Department released its 2026 Crypto Market Outlook Report, stating that the demand for value storage and clearer regulations are driving the next crypto bull market in 2026. Rising government debt, persistent fiscal deficits, and concerns over fiat currency devaluation are prompting investors to look beyond traditional assets.

On the other hand, Grayscale expects that after delays caused by political gridlock and government shutdowns, the US crypto market structure bill will gain bipartisan support and make progress in early 2026. Although the bill failed to pass in 2025, momentum has now returned, and lawmakers from both parties are showing interest in establishing clearer federal rules for digital assets.

Therefore, Grayscale expects valuations to rise in 2026, and the so-called "four-year cycle" to come to an end. Bitcoin prices are likely to reach new all-time highs in the first half of this year.