Crypto enthusiasts are buzzing about 2025, with prediction markets Polymarket and Kalshi forecasting record highs for Bitcoin and Ether. Bettors on these platforms predict BTC could soar to $125,000 and ETH to $5,000. They also expect the U.S. to approve new crypto ETFs and possibly establish a Bitcoin reserve.

Kalshi gives over 60% odds for these price targets, while Polymarket sees a 50% chance of BTC hitting $120,000 by March. Meanwhile, futures markets like CME predict more conservative gains, with BTC and ETH prices expected to be $98,000 and $3,500, respectively, by March 2025.