CandleFocus

Extended bull run anticipated; US ‘crypto’ adoption rises

Author: Content Editor
Digital asset prices have reached all-time highs recently, but experts do not foresee a significant market correction in the near future. A report by MV Capital suggests that the bull run will continue into the second half of 2025 before experiencing notable pullbacks. Over half of the surveyed investors expressed optimism for an extended bull run for large-cap digital assets. Bitcoin (BTC) is expected to reach a six-digit all-time high, with some projections as high as $150,000. Solana (SOL) and Dogecoin (DOGE) are the top choices for investors, while other assets like ADA, XRP, and LTC are also receiving increased attention. However, opinions are divided on the future of Ether (ETH). Rising digital asset prices may positively impact enterprise adoption of blockchain technology and increase confidence in the market. Meanwhile, a new report from the Federal Deposit Insurance Corporation (FDIC) reveals that underbanked households in the United States are increasingly using digital assets for investment and settlement purposes. The report shows that households with higher levels of education and earning power are also adopting digital assets. The FDIC has expressed skepticism toward digital assets in the past and has urged financial institutions to avoid them. Coinbase's Chief Legal Officer, Paul Grewal, argues that the public deserves transparency in the FDIC's dealings with financial institutions. With the incoming Trump administration, industry players are eager to see the direction of digital currencies.

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