Published on: Monday, 16 December 2024 ● 2 Min Read
SINGAPORE--(BUSINESS WIRE)--Presto Research, the research division of algorithmic trading firm Presto, today released its inaugural annual crypto market report "From Chaos to Clarity: 2024 Crypto Market Review & 2025 Forecasts," projecting significant growth across crypto markets in 2025.
The comprehensive report forecasts Bitcoin reaching $210,000 and total cryptocurrency market capitalization hitting $7.5 trillion in 2025, driven by increasing institutional adoption and improving market fundamentals.
"2024 marked a turning point for cryptocurrency markets, with spot Bitcoin ETF listings and major policy shifts creating a foundation for institutional participation," said Peter Chung, Head of Research at Presto Research. "Our analysis suggests 2025 will see this institutional momentum accelerate significantly."
Key predictions for 2025 include:
The report's analysis of 2024 highlights three major trends that shaped the market: the underperformance of venture capital-backed tokens, unprecedented memecoin activity, and the growing role of decentralized exchanges in price discovery.
The full report includes detailed technical analysis of emerging sectors including DAG-based blockchains, Ethereum's evolution, and the expanding Bitcoin ecosystem.
About Presto
Presto is an algorithmic trading firm specializing in digital asset and traditional finance markets, combining engineering, mathematics, and science to navigate global financial markets with precision. For more information, visit https://www.prestolabs.io
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