Grayscale: Optimistic about the long-term resilience of the crypto market as Middle East tensions and oil price shocks prompt investors to wait and see

According to Odaily, crypto asset management firm Grayscale stated that the recent situation in the Middle East and the surge in oil prices have led to a wait-and-see sentiment in the market, with investors temporarily avoiding risk assets. Since the escalation of the conflict, Bitcoin has experienced significant volatility, but overall it remains in a consolidation range, showing relative resilience. Grayscale believes that if the situation eases and energy prices fall, the market could quickly return to a favorable environment. In the long term, the fundamentals of the crypto market remain solid, including the continued growth of stablecoins and tokenized assets. The total supply of stablecoins has increased from about 20 billion USD in 2020 to around 315 billion USD in 2025, and the current phase of uncertainty could provide long-term investors with an opportunity to position themselves for the next wave of growth. (CoinDesk)