Crypto Prices Mixed Amid Regulatory Uncertainty Bitcoin Surges 100%

Crypto prices experienced a mixed performance in the first half of the year, with Bitcoin reaching an all-time high while most altcoins saw double-digit declines. This volatility was largely attributed to the regulatory uncertainty caused by Donald Trump’s trade wars in the US. However, several key catalysts could potentially ignite a crypto bull run in the second half of the year.

The first major catalyst is Bitcoin’s potential breakout. Technical analysis indicates that Bitcoin has formed a giant cup-and-handle pattern, which is nearing its final stage. This pattern suggests that Bitcoin could surge to over $140,000 in the coming months. Additionally, Bitcoin has formed a bullish flag pattern, which typically leads to a strong breakout. If Bitcoin manages to break above the ascending trendline that connects the highest swings since December 2017, it could further fuel the bull run.

Another significant catalyst is the expected interest rate cuts by the Federal Reserve. Most economists anticipate that the Fed will begin easing rates later this year, with some analysts predicting multiple cuts. Historically, cryptocurrencies and other risky assets tend to perform well during periods of rate cuts, as seen with the recent record highs of the S&P 500 and Nasdaq 100 Indices.

The potential approval of crypto ETFs by the Securities and Exchange Commission is another key catalyst. Elevated odds for the approval of top ETFs, such as those for Solana, Litecoin, and Ripple, suggest that Wall Street investors could soon gain access to these assets. This could lead to significant inflows, similar to the nearly $50 billion in Bitcoin ETF inflows and over $4 billion in Ethereum ETF inflows seen recently.

Finally, the rising US money supply could also influence the next crypto bull run. The M2 figure has reached a record high, and this growth is expected to continue with the approval of Donald Trump’s Big Beautiful Bill, which will likely increase budget deficits. Bitcoin’s price has a close correlation with the US M2 money supply due to its fixed supply cap of 21 million, making it a potential beneficiary of this trend.

In summary, the next crypto bull run could be sparked by a combination of factors, including Bitcoin’s technical breakout, Federal Reserve interest rate cuts, potential ETF approvals, and the rising US money supply. While the exact timing of the next bull run remains uncertain, these catalysts provide a clear roadmap for investors to monitor as the market continues to evolve.