Grayscale: September market pullback is temporary, crypto market may be heading towards new highs

Jinse Finance reported that Grayscale Research recently published an article stating that the crypto bull market is driven by macro demand for scarce digital assets and regulatory clarity supporting adoption. These two factors are likely to become the focus of investors again in the fourth quarter of 2025. Currently, fundamentals remain positive. The Federal Reserve is expected to resume interest rate cuts in September and has hinted at the possibility of one or two more cuts before the end of the year. Other positive market catalysts include: the potential introduction of staking features to crypto ETPs, the listing of more altcoin ETPs, and the Senate's passage of the market structure bill. Grayscale believes that before these factors change, the market pullback in September is only temporary, and the crypto market may be heading toward new highs.