Bitwise Chief Investment Officer Matt Hougan pointed out that three key conditions for cryptocurrency's continued uptrend in 2026 are: avoiding major market shocks similar to liquidation events in 2025; the U.S. Congress passing the cryptocurrency market structure bill currently under review; and a stable stock market environment. Given that Bitcoin and Ethereum have risen 7% year-to-date and risk appetite has recovered somewhat, Bitwise believes the current situation is positive, but depends on policy progress and broader market cooperation.
Bitwise Chief Investment Officer Matt Hougan pointed out that three key conditions for cryptocurrency's continued uptrend in 2026 are: avoiding major market shocks similar to liquidation events in 2025; the U.S. Congress passing the cryptocurrency market structure bill currently under review; and a stable stock market environment. Given that Bitcoin and Ethereum have risen 7% year-to-date and risk appetite has recovered somewhat, Bitwise believes the current situation is positive, but depends on policy progress and broader market cooperation.