In 2024, both Bitcoin and altcoins experienced significant increases, partly due to the approval of Spot Bitcoin ETFs and Donald Trump's victory. Predictions for 2025 suggest that Bitcoin and Ethereum will reach new all-time highs. Platforms like Polymarket and Kalshi show dominant bets on these cryptocurrencies reaching these milestones. Kalshi predicts a 60% chance that Bitcoin will reach at least $125,000 and Ethereum at least $5,000. Polymarket sets a 50% probability of Bitcoin reaching $120,000 by the end of March. This rise in predictions also suggests that the US may approve ETFs for multiple altcoins and establish strategic Bitcoin reserves. Traders on Polymarket predict a high probability of ETF approval for XRP, Solana, and Litecoin, while the probability remains low for Dogecoin. Additionally, there are predictions that President-elect Donald Trump may create a national strategic Bitcoin reserve during his presidency, although the likelihood is uncertain.



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