Grayscale: Bitcoin is expected to reach a new all-time high in the first half of 2026.

In its 2026 outlook report released Monday, Grayscale analysts predicted a recovery in the cryptocurrency market, with surging demand driving Bitcoin to a new all-time high in the first half of 2026. Grayscale stated that on a macro level, the risk of fiat currency devaluation is increasing due to rising public sector debt and its potential impact on long-term inflation. As long as this risk continues to rise, investor demand for Bitcoin and Ethereum is likely to continue to increase. Meanwhile, the regulatory tone in the United States has shifted significantly in recent years, and Grayscale expects Congress to pass bipartisan legislation on cryptocurrency market structures in 2026, consolidating the position of blockchain finance in the US capital markets and promoting institutional investment.