Market analyst Owen Lau says new crypto rally ‘has legs’

The latest cryptocurrency rally could still have significant momentum, according to analyst Owen Lau, who said the market’s recent surge is supported by improving policy developments and stronger institutional participation.

Bitcoin surge may extend as policy tailwinds grow: Owen Lau

Owen Lau, a financial technology and crypto analyst, said the current rally “has legs,” pointing to a combination of regulatory progress in the United States and growing integration between traditional finance and digital assets.

Bitcoin and the broader crypto market have staged a strong rebound in recent days, with the leading cryptocurrency climbing above the $73,000 level and driving gains across altcoins. The rally follows renewed inflows into spot Bitcoin exchange-traded funds and a wave of short liquidations that helped accelerate price momentum.

According to Lau, a key factor supporting the rally is the shifting policy landscape in Washington. Recent discussions around crypto market structure legislation and stablecoin regulation have raised expectations that the United States could soon provide clearer rules for the industry.

Improved regulatory clarity has long been viewed as a catalyst for institutional adoption, as major financial firms often require clearer compliance frameworks before expanding exposure to digital assets.

Owen Lau also highlighted the growing involvement of traditional financial institutions in the crypto ecosystem, ranging from asset managers offering spot Bitcoin ETFs to banks exploring digital asset services. These developments, he said, are gradually embedding cryptocurrencies into mainstream financial markets.

Institutional demand has already been visible through sustained ETF inflows, which have become one of the most significant drivers of Bitcoin price movements over the past year.

While volatility remains a defining feature of the crypto market, Lau suggested that the combination of regulatory progress, institutional demand and expanding market infrastructure could support continued upside.

If these trends persist, analysts say the current rally could represent more than just a short-term rebound, potentially marking the early stages of a broader market recovery.