On the surface, the crypto market hardly moved in the first half of 2025.
Despite all rage attacks on tariffs, impending recession, war, and increased expectations of crypto -Religent policies and a strategic reserve for digital asset with Donald Trump’s return to the White House, the total market value in the last six months, measured at TradingView, was a plenty of 3% for $ 3,27 trillion over the past six months.
When you look more closely, the performance was sharp uneven with Bitcoin
holding up the rest of the market.
BTC rose 13% in the first six months of 2025 and continued to surpass the wider market. Meanwhile Ethereums ether
The second largest crypto-active, tumbled 25%, and Solana throws almost 17%.
Less and more risky tokens endured even sharper losses: The other index at TradingView, which excludes the 10 largest assets in market capital, decreased 30%.
What is the next?
Despite the modest start of the year, some analysts see room for renewed upside. Joel Kruger, market strategist at LMAX Group, noted that July has historically been a strong month for crypto, an average of 7.56% return since 2013.
“We are entering a period that has traditionally delivered stronger returns,” Kruger said. “With the second half of the year, historically producing big winnings, the wider setup remains encouraging.”
Kruger also highlighted that Crypto Treasury strategy trend is increasingly expanding beyond Bitcoin, with companies that advertised plans to accumulate digital assets as ETH.
Coinbase -analysts also maintained a positive view of crypto throughout the second half, driven by favorable macroeconomic background, potential rate cuts of Federal Reserve and increased legislative clarity in the United States with legislators promoting legislation for stablecoin and wider crypto market structure.
The next few months could still be deficient, BitFinex analysts warned. The next quarter year, starting with July, has historically been the weakest for Bitcoin, which was an average of 6% winnings since 2013, they said in a Monday report.
“This is also where the average volatility is muted, adding our bias of a number of bound price action that continue longer,” the authors remarked.
