According to online reports, Galaxy Digital CEO Mike Novogratz said that the passage of two key crypto bills in the United States will usher in a new wave of cryptocurrency investment, which may break the traditional four-year market cycle. Novogratz said on Tuesday that the GENIUS Act, which was signed into law in July, aimed at regulating stablecoins, and the CLARITY Act, which defines regulators 'jurisdiction over cryptocurrencies, will cause a flood of new investors and disrupt the traditional four-year cycle model. "This is a big deal. With these two pieces of legislation acting as "bookends", it will unleash huge new power and attract a large number of new players into the cryptocurrency space." Many crypto investors believe that the crypto market follows a pattern of price movements that coincides with the Bitcoin halving event that occurs approximately every four years. The most recent halving occurred in April 2024, so some believe the current bull market may end soon.