#加密货币监管框架 I have been studying regulation recently. Seeing Gray Scale say that Bitcoin is expected to hit a new high before March next year, I really want to understand—what exactly makes everyone so optimistic about the future of cryptocurrencies?

After reading carefully, I realized that the key seems to be not just Bitcoin itself, but the regulatory environment behind it is really changing. It sounds like the market structure bill supported by both parties is moving forward, which means companies can issue tokens just like issuing stocks. Feels like cryptocurrencies are finally being "officially recognized"?

There’s also something I didn’t understand before—the macro factors like a weakening US dollar and Federal Reserve rate cuts also boost Bitcoin demand because people look for alternative stores of value. Thinking this way, Bitcoin is not just an investment asset but more like a hedging tool. This logic is still a bit mind-boggling for a newbie like me.

Honestly, seeing statements like "regulatory outlook is clear" does make me feel more at ease. I was worried before that cryptocurrencies might be suppressed by policies, but now it seems the direction has changed. I just want to clarify—how exactly will this market structure bill affect us ordinary investors? Can any knowledgeable friends help explain?