Crypto Spring Is Near

🟡The first quarter of 2025 was a disappointment for the crypto market: Bitcoin lost nearly 12%, and Ethereum dropped over 45%. This starkly contrasts with the historical trend of strong early-year performance. However, analysts at Bitwise expect a reversal. Matt Hougan highlights four key factors that could shift the trend: rising global liquidity, improved U.S. regulation, a surge in stablecoin interest, and growing geopolitical instability.

🟡With record levels of money supply and inflows into stablecoins, investors are preparing for a new wave of growth. Bitwise does not rule out BTC reaching $200,000 by year’s end.