On the surface, the cryptocurrency market has hardly shifted in the first half of 2025.
Despite rising expectations for tariffs, an imminent recession, war, and expectations for crypto-friendly policies and strategic reserves of digital assets, the total market value of cryptocurrencies has increased by 3% to $327 million over the past six months as Donald Trump returns to the White House.
Observe carefully, the performance is very unbalanced, Bitcoin
Lift the rest of the market.
BTC climbed 13% in the first six months of 2025, continuing to outperform the broader market. Meanwhile, Ethereum’s Ethereum
the second-largest cryptocurrency asset fell 25%, while Solana fell nearly 17%.
Smaller and more risky tokens suffer even sharper losses: Other indexes on trading, which excludes the 10 largest assets with a market cap, fell 30%.
What’s next?
Although the year started moderately, some analysts saw room for upward hikes. Joel Kruger, market strategist at LMAX Group, noted that July has been a strong month for cryptocurrencies since 2013, with an average return of 7.56%.
“We entered a period of traditionally delivering higher returns,” Kruger said. “The wider setup remains encouraging due to the benefits generated in the second half of history.”
Kruger also stressed that cryptocurrency strategy trends are expanding bitcoin increasingly, with the company announcing plans to accumulate digital assets such as ETH.
Common cases Analyst Driven by the macro-economic background, the potential speed of the Federal Reserve’s cuts, and the US regulatory clarity, lawmakers pushed forward Stabreggins’ legislation and the broader cryptocurrency market structure, maintaining a positive view in the second half of the U.S.
Bitfinex analysts warn that despite this, the coming months may be lacking. They said in a report on Monday that the next quarter of Bitcoin is the weakest from history, with an average of only 6% gains since 2013.
“This is also where the average volatility conquers, which increases our bias toward range-bound price action,” the author notes.
