While 2025 is behind us global marketsThe picture was shaped by strong returns. The S&P 500 is expected to close the year with an 18 percent increase, the Nasdaq Composite with a 22 percent increase and the Dow Jones Industrial Average with a 15 percent increase. The rise in precious metals is even more remarkable. While gold has gained 75 percent since the beginning of the year, silver has jumped 172 percent compared to the January opening, bringing the total market value to 4.5 trillion dollars. In the same period cryptocurrencyEven though Bitcoin and many altcoins have reached peaks, it seems that they are close to closing 2025 in the negative zone. While analysts at Kobeissi Letter argued that a more favorable ground for investors could emerge in 2026, the focus turned to how prominent cryptocurrencies would be in this ground.
Outlines of the Macro Background That Feeds the Expectation of 2026
Kobeissi LetterAccording to , the possibility of 2026 being the “dream year” is based on the expectation that the loosening in US monetary policy may continue. The US Federal Reserve (Fed) reduced the policy rate three times in a row in 2025 and ended the quantitative tightening process. The market is pricing in continued interest rate cuts next year. The view that the reduction process may accelerate with a new Fed Chairman comes to the fore.
On the political front Donald Trump‘s call for 1 percent interest rate and promises of incentive checks with revenues from customs tariffs keep the discussions on liquidity and growth for 2026 alive. The decrease in the cost of borrowing is considered as a factor that can increase the appetite for risky assets such as cryptocurrencies and stocks. Gold And silverFollowing the records in 2018, investors are on the agenda for capital rotation in search of higher returns.
Bitcoin’s Role in 2026 and Crypto’s “Catch-Up” Scenario
Within the framework drawn by the Kobeissi Letter cryptocurrency market Since it fell short of expectations in 2025, it may have “catch-up” room in 2026. through 2025 Bitcoin and although some altcoins broke to new highs, weak performance dominated most of the year. For this reason, if risk appetite increases in 2026, cryptocurrencies are theoretically expected to show a stronger performance.
In the discussion of which areas capital flows can be directed to, the theme of artificial intelligence is shown as one of the most popular niches. Kobeissi Letter nevertheless underlined that Bitcoin has become more legitimate among institutional investors, and that this perception has strengthened, especially with the Trump administration taking office. It is emphasized that if stocks and precious metals form a decisive peak, investors may shift to areas where they see higher return potential, and crypto may also be on this list.
