Bitcoin Rises 13% in First Half of 2025 Amid Altcoin Declines

The crypto market experienced minimal movement in the first half of 2025, with a total market capitalization increase of only 3% to $3.27 trillion.

Key performance highlights include:

  • Bitcoin (BTC) rose 13%
  • Ethereum (ETH) fell 25%
  • Solana (SOL) decreased nearly 17%
  • The OTHERS index, excluding the top 10 assets, dropped 30%

Year-to-date returns of the CoinDesk Bitcoin Index (XBX) and the CoinDesk 100 Index (CD100)

Outlook for the Second Half

Analysts suggest potential for recovery in July, historically a strong month for crypto, with average returns of 7.56% since 2013. Key points include:

  • Joel Kruger from LMAX Group indicated stronger returns may be forthcoming.
  • Firms are expanding crypto treasury strategies beyond BTC to include assets like ETH.
  • Coinbase analysts expect positive trends due to a favorable macroeconomic environment, potential Federal Reserve rate cuts, and increased regulatory clarity.
  • Bitfinex analysts caution that July is typically weak for bitcoin, averaging only 6% gains since 2013.