In brief
- Bitwise’s Matthew Hougan said Bitcoin and crypto needs a stable crypto market, free of major liquidation events, for a chance at a renewed rally in 2026.
- Analysts said equity market stability is key, with sharp stock-market declines likely to weigh on crypto prices.
- Progress on the Clarity Act could provide a regulatory tailwind, with a Senate markup expected in mid-January.
Bitcoin’s flagging price will need a stable crypto market free of major blow-ups to reach levels last seen in October last year if it is to have a chance of establishing a renewed rally.
That’s according to Matthew Hougan, Chief Investment Officer of Bitwise, who wrote in a Tuesday memo about two other catalysts that could push the top crypto higher and…
