The Haussier market of current cryptography was fueled by a combination of macro demand for rare digital active and increasing regulatory clarity, two forces that should continue to shape investors in the last quarter of 2025, the director of assets in a report said on Wednesday.
According to Grayscale, the decision of the federal reserve to resume rate decreases in September and its signal according to which one or two additional cuts could follow before the end of the year, should generally be considered favorable to digital assets.
Lacking borrowing costs, noted gray levels, reduce the opportunity cost of non -compatible basic product holding such as Bitcoin And can encourage a wider risk appetite in all markets.
At the same time, analysts have warned that a slowing economy or an escalation of geopolitical risks could mitigate the evaluations. They also stressed the possibility that an unexpected nourished pivot for rhythm increases poses a clear risk.
On the regulatory side, gray levels highlighted several potential catalysts that could continue to attract the attention of investors. This is in particular the introduction of the markup in the products negotiated in exchange for crypto (ETP), the approval of new FTEs based on Altcoin and the potential adoption of a bill on the structure of the market in the Senate.
Although each of these developments would represent significant progress, Grayscale has warned that the markets have already evaluated a good amount of optimism.
Any setbacks, whether delays, a political decline or an outright rejection, could weigh on the evaluations, added the report.
Find out more: The value of the crypto is on billions of dollars markets, says Bitwise
