Grayscale Research Director Zach Pandl stated in an interview with CNBC that the "institutional era" of cryptocurrencies may begin in 2026, and he expects Bitcoin to reach a new all-time high in the first half of 2026. The driving factors include rising global macroeconomic demand for alternative stores of value, expectations of a weakening US dollar, potential Federal Reserve rate cuts, and bipartisan legislative progress on crypto market structure.
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Grayscale Research Director Zach Pandl stated in an interview with CNBC that the "institutional era" of cryptocurrencies may begin in 2026, and he expects Bitcoin to reach a new all-time high in the first half of 2026. The driving factors include rising global macroeconomic demand for alternative stores of value, expectations of a weakening US dollar, potential Federal Reserve rate cuts, and bipartisan legislative progress on crypto market structure.