Grayscale Predicts Bitcoin Dominance to Stabilize Amid Market Shifts

In a recent prediction from Grayscale, the cryptocurrency firm’s director of research, Zach Pandl, expects Bitcoin’s market share to stabilize between 60% and 70% within the next 9 to 12 months. He attributes this stability to macroeconomic factors that favor Bitcoin, especially amid uncertainty regarding the U.S. dollar’s value. This prediction is based on the belief that Bitcoin will remain a sought-after safe haven asset during times of economic instability. Pandl highlights the growing role of institutional investors like those who are interested in ETFs, positioning Bitcoin as a secure non-sovereign asset.