Bitcoin Price Will Hit All-Time High in 2026, Bitwise Predicts, Will Be ‘Less Volatile’ Than Nvidia

Core Insights - Bitwise predicts that Bitcoin could become less volatile than high-growth U.S. technology stocks like Nvidia by 2026, with both Bitcoin and Ethereum expected to reach new record highs due to increasing institutional adoption and regulatory clarity [1][4]. Group 1: Bitcoin Volatility and Market Dynamics - Bitcoin's volatility is anticipated to decline further by 2026, potentially falling below that of Nvidia, as the investor base shifts towards institutions and long-term investors, reducing historical price swings [3][5]. - For the entirety of 2025, Bitcoin has been less volatile than Nvidia, and its volatility has steadily decreased over the past decade [5]. - The correlation between Bitcoin and equities is expected to weaken, with Bitcoin's correlation with the S&P 500 rarely exceeding 0.50 [5]. Group 2: Institutional Adoption and Regulatory Factors - Bitwise emphasizes that crypto-specific factors such as regulatory progress and institutional adoption will drive performance, allowing Bitcoin to rise even if equity markets face challenges [6]. - Ethereum and Solana are projected to reach new all-time highs in 2026, contingent on the passage of the proposed CLARITY Act by U.S. lawmakers [7]. - The firm identifies stablecoins and tokenized financial assets as "megatrends," with Ethereum and Solana positioned to benefit significantly [7]. Group 3: Future Market Developments - Bitwise forecasts that over 100 crypto-linked exchange-traded funds (ETFs) could launch in the U.S. following the SEC's publication of generic listing standards in late 2025 [8].