Crypto traders debate whether 2025’s drawdown is a new bear market or a late-cycle reset as QE, global rate cuts, and the U.S. CLARITY Act shape the 2026 outlookCrypto traders debate whether 2025’s drawdown is a new bear market or a late-cycle reset as QE, global rate cuts, and the U.S. CLARITY Act shape the 2026 outlook

Crypto bulls face late-cycle shakeout as 2026 liquidity bets grow

Crypto traders debate whether 2025's drawdown is a new bear market or a late-cycle reset as QE, global rate cuts, and the U.S. CLARITY Act shape the 2026

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