The year 2025 has been remarkable for cryptocurrencies, especially Bitcoin, which continues to hit new all-time highs. The overall crypto market capitalisation has also jumped sharply, showing strong investor confidence.
Bitcoin recently crossed the $125,000 mark, rising nearly 33% this year and almost doubling (up 99%) over the past 12 months. Much of this rally is being driven by large inflows into spot Bitcoin exchange-traded funds (ETFs), which were first launched in January 2024. Institutional investors have been buying in heavily, and retail demand has also surged across Asia, the US, and Europe.
A weaker US dollar has supported the rise in Bitcoin and other alternative assets such as gold and precious metals. Ongoing worries about a possible prolonged US government shutdown have further boosted demand for non-fiat assets like cryptocurrencies.
Blockchain and on-chain data show a $1.6 billion surge in buying, mostly from US-based exchanges, where crypto prices now carry a slight premium compared to global markets.
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Overall, the global crypto market cap now stands at $4.2 trillion, reflecting broad-based strength across digital assets.
It’s not just Bitcoin. Altcoins such as Ethereum (Ether), Binance Coin, Cardano, and Solana have all seen impressive gains—anywhere between 60% and 140% over the last year.
Optimism about potential tax reforms, a 9% drop in the US dollar index, and ongoing geopolitical uncertainties have all played a role in supporting the crypto market. Investors are also diversifying their portfolios amid concerns about tariffs and the Federal Reserve’s independence.
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Historically, October has been one of the strongest months for Bitcoin—averaging 21-22% gains over the past decade—and traders expect this trend to continue, dubbing it “Uptember” in the crypto community.
Adding to the optimism, a Deutsche Bank report recently suggested that by 2030, Bitcoin could become part of many central banks’ official reserve assets, joining gold as a key store of value.
Positive outlooks from major financial institutions and growing global adoption continue to support the crypto market’s strong momentum.
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