Asset manager Bitwise sees 3 tests for crypto’s 2026 rally
The crypto market has started 2026 on a solid footing, but the question now is whether the rally can last, crypto asset management firm Bitwise said in a blog post Tuesday.
Bitcoin and ether are both up about 7% year-to-date, six days into 2026, with speculative tokens posting even larger gains. alone is up roughly 29%, a sign that risk appetite has returned to parts of the market.
Bitwise CIO Matt Hougan said there are three key conditions that need to hold for crypto to push toward new all-time highs this year, and one of them may already be in the rearview mirror.
Hougan pointed to the absence of another major market shock like the Oct. 10, 2025 liquidation event, when roughly $19 billion in crypto…
