According to an analysis of data from prediction platforms, 2025 promises to be a banner year for cryptocurrency markets. Bulls expect Bitcoin and Ethereum to reach new record highs.
Cryptocurrency Predictions for 2025
Traders on the Polymarket and Kalshi platforms anticipate significant price increases for Bitcoin and Ethereum in 2025. Kalshi prices more than 60% odds of Bitcoin and Ethereum reaching at least $125,000 and $5,000 respectively. Polymarket sets 50% odds of Bitcoin touching $120,000 before the end of March. Currently, Bitcoin's and Ethereum's records are around $108,300 and $4,720.
Likelihood of Crypto ETF Approval
Polymarket bettors expect high chances of ETF approval for XRP, Solana, and Litecoin by July 31, with probabilities of approximately 75%, 69%, and 51%, respectively. However, the odds of Dogecoin ETF approval are at 22%. Kalshi also sees a 59% chance of US President-elect Donald Trump creating a national strategic Bitcoin reserve.
Position of Traditional Futures Markets
In contrast to prediction platforms, traditional futures markets, such as the Chicago Mercantile Exchange (CME), foresee more modest cryptocurrency gains in early 2025. They anticipate March spot prices for Bitcoin and Ethereum of around $98,000 and $3,500, respectively, higher than the current spot prices of about $96,000 and $3,350 at the end of December.
While prediction markets and traditional exchanges differ in their forecasts, expectations for the cryptocurrency market in 2025 remain positive. Market participants need to monitor changes and adjust their strategies in line with new information.
