Bitcoin Price Hits $94,000 Amid Global Tensions and U.S. Hopes

Bitcoin Price Hits $94,000 as Regulatory Uncertainty Shapes Markets

In the past 24 hours, Bitcoin price soared towards $94,000, giving a very positive indication for the year 2026 as global political tensions and the revival of hope regarding the regulation of cryptocurrencies in the U.S. boosted the market.

The recent price surge has come against the backdrop of rising political tensions regarding Venezuela and U.S. government indicating that it will keep its tough stance. 

Even though Bitcoin is not affected directly by these events, the times of worldwide uncertainty generally lead investors to move towards the assets that are considered to be alternatives to the traditional financial systems.

Meanwhile, the matter of crypto regulation in the U.S. has become much more difficult as the authorities are still crawling at a snail's pace in terms of the regulations that have been long-awaited.

U.S. Crypto Regulation Faces Delays Despite Growing Market Pressure

Publishing a new research note, the investment bank TD Cowen advises that the U.S. crypto market structure regulations are not going to be changed significantly in the current year.

The firm is not expecting any full approval before 2027, and it might take even longer for some regulations to come into force—up to 2029 in the worst-case scenario—while discussions are still being held. 

The document indicates that disagreements among politicians, not the unpreparedness of the market, are the main barrier to the legislation.

As the use of cryptocurrencies becomes more widespread, lawmakers still can not come to a common agreement about the level of control that should be imposed and the group that should be targeted.

Conflict-of-Interest Rules Emerge as Key Political Roadblock

Тhe regulation of conflict of interest is the most sensitive and controversial issue that still hampers the bill's progress. Democratic legislators support really tough measures that would not allow high-ranking government workers and their immediate family members to participate in any crypto business during their term. 

These suggestions have been a big bone of contention in the negotiations. TD Cowen warns that applying such restrictions right from the start could result in halting the law's production or even completely destroying it, no matter how the bipartisan support for more transparent crypto regulation continues to grow.

Delayed Enforcement May Help Move the Bill Forward

To break the deadlock, the report outlines a possible compromise: delaying the enforcement of conflict-of-interest provisions by approximately three years.

This approach would prevent the rules from applying during the current administration, reducing political resistance and improving the bill’s chances of passing.

While this solution may help advance regulation, it also highlights how political considerations are shaping U.S. crypto policy as much as economic or technological factors.

What This Means for Bitcoin and the Crypto Market

For the crypto industry, the outlook remains mixed. Clear regulation could support long-term institutional adoption and market stability. However, extended timelines mean companies and investors will continue to operate under regulatory uncertainty for several more years.

In the short term, even minor regulatory updates can influence market sentiment. Bitcoin’s move to $94,000 has fueled speculation that prices could test the $100,000 level later this month, though analysts caution that volatility remains high and market conditions can change quickly.

Disclaimer:

This article is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency markets are highly volatile and subject to regulatory risks. Readers should conduct their own research and consult qualified financial professionals before making any investment decisions.