crypto market enters 2025, industry experts are eagerly watching the trends and sectors expected to shape the year's landscape. Speaking at the ETMarkets live stream, Anush Jafer, Content Lead at Mudrex Research, provided insights into what lies ahead for the cryptocurrency market.
Reflecting on 2024, Jafer highlighted the remarkable achievements in the crypto space, notably Bitcoin surpassing the $100K mark and the total crypto market cap reaching unprecedented highs. The introduction of spot Bitcoin and Ethereum ETFs was a significant driver, attracting over $35 billion in net inflows, significantly outperforming gold ETFs during their initial years.
Jafer pointed out that macroeconomic factors played a crucial role in this growth. Global interest rate cuts lowered borrowing costs, encouraging investments in digital assets. Additionally, a pro-crypto stance from Donald Trump's administration following his U.S. presidential victory further boosted market sentiment.
Adoption of cryptocurrencies surged, with daily active addresses on major blockchain networks doubling to over 18.5 million. Sectors like meme coins, decentralized finance (DeFi), artificial intelligence (AI), and real-world assets (RWAs) experienced
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