Crypto Won In 2025—But Bitcoin Fell. Can They Rise to the Occasion?
Key Takeaways
- Retail crypto’s mood is “extraordinarily negative,” but institutional investors are “unremittingly bullish,” according to Bitwise Asset Mangement’s Matt Hougan.
- Amberdata’s Greg Magadini expects interest in bitcoin as a “debasement hedge” to pick up next year.
The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry’s year. It won big—but it doesn’t have much to show for it yet.
The price of bitcoin, the world’s most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it’s poised to finish down for 2025. The industry welcomed the passage of stablecoin legislation, eased regulation, and the proliferation of new ways to buy in, but by many measures…
