Grayscale: Bullish on Long-term Resilience of Crypto Market, Middle East Tensions and Oil Price Shocks Keep Investors on the Sidelines

Odaily News: Cryptocurrency asset management firm Grayscale stated that recent Middle East tensions and the surge in oil prices have led to a strong wait-and-see sentiment in the market, with investors temporarily avoiding risk assets. Bitcoin has experienced significant volatility since the escalation of the conflict but has overall maintained a range-bound consolidation, showing relative resilience. Grayscale believes that if the situation eases and energy prices decline, the market could quickly return to a favorable environment. In the long term, the fundamentals of the cryptocurrency market remain solid, including the continued growth of stablecoins and tokenized assets. The total supply of stablecoins has increased from approximately $20 billion in 2020 to about $315 billion in 2025. The current phase of uncertainty may provide long-term investors with opportunities to position themselves, laying the groundwork for the next round of growth. (CoinDesk)