The Market Is Ready for an Upturn

Spotlight

The digital asset market saw positive momentum last week, the first week of the new quarter. Bitcoin confirmed the strong support zone at ~$60,000 and initiated a small uptrend. Most other digital assets followed suit, with Ethereum rising more than 10% over the week and Bitcoin gaining ~6.5%. The main drivers behind this positive development are, on the one hand, encouraging progress on the Clarity Act (market regulation in the U.S.), which is now likely to take effect as early as 2026, and, on the other hand, the onset of net inflows into Spot-ETFs.

Similarly, gold reached a new multi-week high, causing nearly all markets to rise in unison. A rotation of capital from AI stocks into other “risk-on” assets is becoming increasingly likely as stock markets have gradually stabilized and seen some profit-taking, which could allow fresh capital to flow into the markets.