According to CoinMeta, as the midpoint of August 2026 approached, the cryptocurrency market showed signs of recovery after a turbulent first half of the year. Bitcoin ($BTC) fluctuated between $63,000 and $65,000, and the market as a whole was beginning to stabilize. Traders are wondering what caused this momentum in mid-August. Possible factors include proposals by the U.S. Securities and Exchange Commission (SEC) regarding "cryptocurrency regulation," the resilience of institutions, the accumulation of ETF, as well as a surge in specific industries such as predictive markets and tokenization.