Three Catalysts That Could Kickstart a Crypto Rally in 2026: Bitwise
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 the broader market higher.
Those include a steady equity market and the passage of the Clarity Act.
The first requirement is a stable crypto market without any repeat of an “October 10-style” liquidation event.
The historic event was one of the reasons crypto struggled to rally in Q4 2025, according to Hougan, who notes that “investors worried one of these big…




