Grayscale Says Macro Pressures Could Fuel Crypto’s Next Bull Market
-

Growing demand for alternative stores of value may be laying the groundwork for crypto’s next bull market, according to Grayscale. Speaking on CNBC’s Crypto World, Grayscale head of research Zach Pandl said rising government debt, persistent fiscal deficits, and fears of fiat currency debasement are pushing investors toward assets like Bitcoin.
Pandl emphasized that Bitcoin’s role as a hedge against macroeconomic instability remains the dominant force in crypto markets. With these structural imbalances unlikely to ease anytime soon, he expects portfolio reallocations into crypto to continue through 2026, potentially sustaining long-term upside momentum.