The crypto market is showing signs of entering a late-stage bull cycle, with analysts suggesting investors exercise caution as the peak may be approaching.
According to data from CryptoQuant, this cycle, which began in early 2023, could reach its zenith by the first half of 2025, driven by a surge in new investments and additional inflows from existing market participants.
Recent metrics reveal a notable trend: by late 2024, 36% of Bitcoin holdings were less than a month old, mirroring patterns seen during previous market tops. CryptoQuant anticipates this percentage could continue rising before the market transitions into a bearish phase. While opportunities for gains remain in both Bitcoin and altcoins, they urge investors to approach the market conservatively and prioritize risk management.
In contrast, other analysts maintain an optimistic view. Steno Research has labeled 2025 as potentially the most successful year in crypto history, forecasting record highs for Bitcoin and Ethereum alongside other major developments. Similarly, VanEck projects a medium-term peak in early 2025, with Bitcoin potentially reaching $180,000 and Ethereum surpassing $6,000 by year-end.
[eradmore id=”146162″]Betting platforms like Polymarket and Kalshi echo this optimism, predicting not only price surges but also regulatory breakthroughs such as the approval of new crypto ETFs and possibly even the establishment of a national Bitcoin reserve in the United States. While the timeline and outcomes vary, these perspectives highlight both the opportunities and risks that lie ahead for the crypto market.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.