In this crypto news update, UBS’s latest macro note signals a continued uptrend for risk assets as corporate earnings remain resilient and monetary policy stays accommodative. Durable tech profits help justify current valuations, creating a constructive setup for 2026. For the crypto market, such a risk-on backdrop often translates into renewed demand for digital assets like Bitcoin and Ethereum, as investors seek hedges and diversification within a steady macro framework.

UBS projects roughly a 10% uplift in S&P 500 earnings and a path to around 7,700 on the index, driven by further Fed rate cuts and governance clarity. Tariff policy transparency also eases uncertainty, supporting broader market confidence. In crypto terms, a lower-for-longer rate outlook and clearer macro signals can invite greater institutional participation, potentially lifting liquidity across major tokens and related protocols.

Taking a constructive stance, UBS preserves an attractive rating on U.S. equities and recommends remaining invested to capture ongoing growth. That stance often strengthens the risk appetite that underpins the crypto market, underscoring the case for measured exposure to digital assets within a disciplined asset-allocation framework.