Grayscale Views Bitcoin’s 2025 Pullback as Potential Local Bottom, Targets 2026 Highs on Fed, Crypto Bills

Bitcoin's 2025 sell-off appears to have reached a local bottom rather than signaling a new cycle peak, according to Grayscale. Key factors like Federal Reserve policy and U.S. crypto legislation could drive new all-time highs in 2026, breaking the traditional four-year halving pattern. Bitcoin's option skew exceeds 4, indicating extensive downside hedging and a potential [...]