Bitcoin To Hit New All-time High Within 6 Months: Grayscale 2025

Grayscale’s 2026 outlook cites institutional demand and clearer US regulation as key catalysts for Bitcoin’s surge in the first half of 2026.

Grayscale analysts are tipping a crypto market resurgence, with demand surging enough to drive Bitcoin to a new all-time high within the first half of 2026.

The asset manager made the prediction as part of a 2026 outlook report published on Monday, which also explored ten key investing themes for the year.

Commenting on Bitcoin (BTC), Grayscale said the price will skyrocket in H1 2026, on the back of increased macro demand for alternative value stores and improved regulatory clarity in the US.

The firm argued that this will also coincide with the end of the supposed Bitcoin four-year cycle:

In terms of the macro, the asset manager argues that fiat currencies are facing rising debasement risks due to “rising public sector debt and its potential implications for inflation over time.”

“As long as the risk of fiat currency debasement keeps rising, portfolio demand for Bitcoin and Ether will likely continue rising as well, in our view,” the company said.

Commenting on the regulatory climate, Grayscale said there has been a sharp change in tune in the US over the past couple of years.

The firm pointed to a number of cases dropped against crypto firms, the approval of spot-Bitcoin ETFs paving the way for other new products to hit the market, and the passing of the GENIUS Act.

“In 2024, Bitcoin and Ether spot ETPs came to market. In 2025, Congress passed the GENIUS Act on stablecoins and regulators shifted their approach toward crypto, working with the industry to provide clear guidance while continuing to focus on consumer protection and financial stability,” Grayscale said, adding:

Source: CoinTelegraph