Crypto in 2025: A climate change
This year has broken many long-standing traditions in the crypto space. For the first time, we’ve seen a clear decoupling between Bitcoin and altcoins, with the top asset soaring while most others lag far behind and continue to struggle. Confidence in DeFi has faded as many promised catalysts failed to materialize, while lingering security concerns haven’t helped.
The wave of institutional adoption continues to remain strong. We see ETF flows are dominating investor sentiment, and Bitcoin’s proxy to tech stocks is scrutinized whenever AI moves the market. Investors are becoming more nimble when entering crypto as more options become available, from Digital Asset Treasuries (DATs) to RWA and tokenization. However, recent…
