Crypto gets a reality check, but what lies ahead?
CRYPTOCURRENCIES HAD A rollercoaster ride in 2025. True to its volatile nature, the crypto market cap went from $3.37 trillion on December 31, 2024, to a high of $4.20 trillion in October and a down-in-the-dumps level of $2.96 trillion on December 17, 2025.
This is in sharp contrast to key stock market indices such as the S&P 500 (up 16.34% in the past year), the Nasdaq (up 20.30% for the year), and, for that matter, India’s equity market benchmark, the BSE Sensex (up 8.61% year-to-date, as of December 17, 2025). Gold, one of the world’s most stable assets, vastly outperformed the so-called digital gold, Bitcoin, rising 55% year-to-date in 2025 after hitting a record high of $4,370 an ounce in October. In terms of total asset value,…
