Analysts in the digital asset market are noting significant signs of the end of the so-called crypto winter, which has lasted for over a year. The rise in Bitcoin’s price to a record $73,000 and the activation of legislative initiatives in the U.S. are creating conditions for a trend reversal in the cryptocurrency industry.
This is reported by Business • Media
Market Changes: From Decline to Growth
Clear Street specialist Owen Lau points out that from October 2025 to the end of February 2026, Bitcoin’s price dropped by 44%. However, just in the last week of February to the beginning of March, the value of the first cryptocurrency increased by 5.8%. Despite the geopolitical tension related to the conflict between the U.S., Israel, and Iran, Bitcoin’s price broke through the key level of $73,000.
Owen Lau notes that the current dynamics may indicate a turning point for the market. He highlights the improved market background, particularly the increased activity of regulators in the U.S. and the growing institutional interest in digital assets.
“The industry may have reached a turning point, and we believe this growth will continue,” the expert stated.
Legislative Initiatives and Trump’s Actions
It is worth noting that the recent statement by U.S. President Donald Trump has significantly increased the likelihood of the passage of the CLARITY Act, which aims to regulate the cryptocurrency sector. This document is expected to be adopted by the end of summer 2026. According to experts, this could serve as a powerful catalyst for a new rally in the digital asset market.
In his analytical note, Lau also pointed out another important event – the cryptocurrency exchange Kraken obtaining an account with the U.S. Federal Reserve. In his opinion, this indicates further integration of cryptocurrency companies into the country’s traditional financial system.
However, some traders caution that the current rise may be a so-called bull trap, where a rapid price increase is followed by a sharp decline. They compare the situation to events in 2022 when, after a similar dynamic, the market experienced a massive sell-off. In such a scenario, investors rush to enter positions during the rise, but then the asset’s value sharply decreases, causing significant losses.