Economist explains why crypto and stock prices may crash in 2025
Crypto and stock prices have surged this year, driven by strong earnings and central banks lowering interest rates.
Bitcoin (BTC) reached a record high of nearly $105,000, while the total cryptocurrency market cap increased by 120%. U.S. stock indices like the Nasdaq 100, Dow Jones, and S&P 500 have also risen by over 20%.
Analysts are optimistic about continued growth in these assets. Oppenheimer, for instance, predicted the S&P 500 to rise from its current level of around 6,070 to 7,100, citing robust fundamentals
Similarly, Matt Hougan, Chief Investment Officer at Bitwise, estimated that Bitcoin price could eventually reach $3 million, driven by corporate and government adoption of Bitcoin as a reserve…
