Crypto’s Path to All-Time Highs: Three Critical Checkpoints for 2026
The cryptocurrency market opens 2026 with a $3.3 trillion capitalization peak—its highest in seven weeks—yet Bitwise CIO Matt Hougan warns new all-time highs require three catalysts.
First, October's $19 billion liquidation shock must fully stabilize. Market resilience post-crisis suggests emotional recovery is underway, but sustained momentum remains unproven.
Second, the CLARITY Act's January 15 Senate markup could redefine US crypto regulation. Passage would establish foundational legal principles for institutional participation.
Third, traditional equity markets must avoid contagion. While crypto-stock correlations remain low, macroeconomic stability remains prerequisite capital inflow conditions.