2025 Crypto Market Forecast by Fidelity: Analysis and Predictions

After almost 8 months of ups and downs, the price of bitcoin has finally surpassed its previous all-time high of $73,757 and is now entering uncharted territory. Where will it go from here? How might the upcoming administration and changes in Congress impact its trajectory? And can ethereum’s price catch up to bitcoin’s?

Here are some key factors to keep an eye on as we move into the new year.

Many in the crypto industry are cautiously optimistic about the new presidency being more supportive of crypto and digital assets than previous administrations. They are hopeful that the new administration will pave the way for much-needed industry regulations, which could foster growth within the sector. However, it remains to be seen whether this optimism will materialize into concrete actions.

When it comes to factors that could positively impact crypto, Jurrien Timmer, Fidelity’s Director of Global Macro, points to fiscal policy (government spending) and monetary policy (Fed operations) as two significant elements to watch. These macroeconomic factors have the potential to influence the prices of cryptocurrencies in the coming year.

In the past few months, bitcoin has shown a better performance compared to ethereum. This trend is consistent with how these two assets have behaved in previous bullish markets. As we look ahead to the future, it will be interesting to see how these dynamics play out and shape the crypto market.