2025: The Big Year of Bitcoin and the Rise of Utility Altcoins

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2025 is shaping up to be the year when Bitcoin truly becomes mainstream, with adoption increasing from both governments and companies. But right now, in January, the market is experiencing a downturn. Despite the excitement about the Trump administration's approach to cryptocurrencies, some experts warn that many banks will still hesitate to take on the risk of transacting with digital currencies. Bull Run remains strong despite recent declines Alice Liu, the research lead at CoinMarketCap, joined Scott Melker to explain that cryptocurrencies are still experiencing strong price increases, despite the market having undergone some pullbacks. She mentioned a new index tracking the top 100 cryptocurrencies, launched in December, which indicates that the overall market strength remains unaffected despite these minor downturns. Liu predicts that strong demand and continuous buying pressure could make 2025 a breakthrough year for Bitcoin. Concerns about global economic events or a recession could affect price volatility, but nationwide adoption could act as a major catalyst driving its value even higher. Altcoin Season: Where Are We Now? The research team leader said that in December, the market witnessed a strong altcoin season, with the altcoin season index (CMC Altcoin Season Index) reaching 87, meaning that altcoins really surged. This index measures the performance of the top 100 cryptocurrencies compared to Bitcoin. If 75% of these coins outperform Bitcoin, it means the market is in full altcoin season. Currently, the index is at 46, meaning the altcoin season has cooled off a bit, but the market still shows signs of strong altcoin activity. The division of cryptocurrencies: Speculative currency versus utility projects Liu explains that cryptocurrency projects are divided into two types: utility coins like XRP, XLM, and ADA, and speculative "casino coins" like meme coins that attract gamblers. Although speculative aspects will always exist, the true winners in the next cycle will be solid projects, aiming for utility like XRP, XLM, and ADA. Lie also believes that AI and blockchain technology can connect decentralized and real-world applications, driving long-term growth even after the frenzy subsides.

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TheFirstPrincipalIsStillThevip
· 01-09 23:54
pro take me 💰
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