HTX Research Analyst Discusses New Crypto Pricing Logic

HTX Research analyst WZ hosted the seventh session of the HTX Masterclass, titled 'Regulation, Oil, and Ballots: The New Crypto Cycle.' The discussion focused on how U.S. crypto regulations, geopolitical tensions, energy prices, and macroeconomic liquidity are reshaping the pricing logic for digital assets. WZ emphasized that while internal industry metrics like halving and on-chain data remain relevant, investors must now integrate regulatory developments, oil prices, and U.S. Treasury yields into their analytical frameworks. The session also addressed the complexities of market sentiment, the impact of the CLARITY Act, and the nuances of capital flow between ETFs and the broader crypto market.