#加密市场盘整 As cryptocurrency gradually becomes a mature asset class, the market is undergoing significant changes, such as the lowering of entry barriers following the launch of spot ETFs for Bitcoin (BTC) and Ethereum (ETH). Furthermore, the new U.S. Congress may bring a clearer regulatory framework to the crypto space.

According to Grayscale's latest research, these factors are expected to allow cryptocurrency valuations to gradually break free from the recurring four-year cycle pattern seen in its early history.