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Bitcoin hits 2-month low, local experts say crypto boom looms

Bitcoin hits 2-month low, local experts say crypto boom looms

Bitcoin fell to a two-month low near US$83,000 on January 30, but despite the market pullback, local industry leaders say the outlook for digital assets remains strong, with 2026 shaping up as a breakout year as the sector becomes embedded within Australia’s broader financial services ecosystem.

ā€œLong-awaited regulation is arriving, providing clarity and confidence for both industry and investors. Tokenisation is turning traditional assets into more accessible financial products and crypto payments are becoming a normal part of how people transact in everyday life,ā€ Mandy Jiang, executive director and CDO at CloudTech Group, said.

Jiang said regulatory clarity, in particular, is expected to play a pivotal role in boosting…

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