Analysts Split On Crypto’s 2025 Outlook

Analysts Kevin McCordic and Nic Carter have presented contrasting views on the potential trajectory of the cryptocurrency market in 2025. McCordic views the current environment as a typical consolidation period following the turbulence of 2022, while Carter suggests 2025 may be comparatively worse due to shifting market attention.

McCordic, director of growth at Monad Foundation, characterized recent market jitters as minor in comparison to the 2022 crisis, which involved the collapse of credit lenders, exchange failures, and token liquidations. He believes cryptocurrency is increasingly integrated into global finance and anticipates a positive outcome.

Carter, a general partner at Castle Island Ventures and cofounder of Coin Metrics, argued that the market’s current sentiment is weaker because cryptocurrency is no longer the primary focus of investors. He noted the absence of clear catalysts driving price increases and a thinning pool of buyers, emphasizing the need for products that deliver user value for sustainable growth.

The differing perspectives imply contrasting investment strategies. A consolidation view suggests patience and positioning for a future rebound, while a weaker outlook highlights the importance of product adoption and revenue generation to attract capital.

Bitcoin was trading at approximately $95,234 as of 9 p.m. UTC on November 15, up 0.9% in the last 24 hours. Year-to-date, BTC is up 1.93%, lagging behind gains of 14.75% for the S&P 500 and 18.77% for the Nasdaq Composite.

In related news, Protocol Research reported that GoPlus generated $4.7 million in total revenue as of October 2025, with the GoPlus App accounting for approximately 53% of that revenue. GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025. The $GPS token launched in January 2025 has registered over $5 billion in spot volume and $10 billion in derivatives volume.

Finally, Harvard University’s endowment disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), representing 20% of its U.S.-listed public equity holdings. The investment comes as Bitcoin’s price has fallen over 5% in the past week, but IBIT remains the world’s largest spot bitcoin ETF with nearly $75 billion in net assets.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.