Anthony Scaramucci, founder of SkyBridge Capital, and Mike Novogratz, CEO of Galaxy Digital, have forecasted a significant rally in the cryptocurrency market in 2026, driven by the easing policies of the Federal Reserve and a global weakening of the US dollar.
According to the experts, the current negative sentiment surrounding cryptocurrencies and the waning interest from retail investors serve as a “countertrend indicator.”
“Search queries for Bitcoin are near historic lows… And that makes me optimistic,” noted Scaramucci.
They believe that market dynamics will largely depend on the macroeconomic environment, which is expected to turn favorable for digital assets next year.
Scaramucci anticipates that inflation in the United States will continue to decline, paving the way for aggressive monetary easing by the Federal Reserve.
According to Novogratz, the new head of the Federal Reserve, to be appointed at the beginning of the year, is likely to adopt a “dovish” stance and comply with President Donald Trump’s demands to lower the key interest rate. This will lead to a weakening dollar and create a “convenient” environment for cryptocurrencies.
Another bullish factor for the digital asset market, as noted by the head of Galaxy, is a correction in the precious metals sector following the recent rally in gold and silver. He believes the industry is currently “seriously undervalued.”
“The dynamics essentially mirror the history of gold, but with a key difference: Bitcoin in this cycle has not managed to play its role as digital gold. This failure creates palpable fear in the community,” he stated.
If the market “moves off the dead center,” the movement could be sharp and swift. Novogratz emphasized that all the ingredients for a powerful rally are already present — only the momentum is missing.
“That’s why I’m watching the situation closely. Being pessimistic at current levels is irrational. I need to see real momentum and a confident breakthrough above $100,000 — that will be my signal to act and a reason for confidence. Overall, I believe 2026 could be a very successful year for the crypto market,” he added.
Companies like Bitwise and Grayscale also hold a positive outlook for cryptocurrencies in 2026.
Analysts believe that over the next 12 months, Bitcoin will set another price record due to the Federal Reserve’s rate cuts, rising global demand for alternative stores of value, and the diminishing relevance of cycle theories.