Grayscale Investments anticipates a significant crypto bull market in 2026, driven by increased demand for value storage and enhanced regulatory clarity. The firm highlights rising global debt and currency depreciation as key factors pushing investors towards cryptocurrencies. In the U.S., a market structure bill is expected to gain bipartisan support in early 2026, following delays in 2025. In Europe, the Markets in Crypto-Assets (MiCA) regulation is already influencing liquidity and market dynamics. Grayscale projects Bitcoin will reach a new all-time high in the first half of 2026, coinciding with the end of its four-year cycle.