Betting markets predict bullish 2025 for crypto

Bettors are wagering that 2025 will be a banner year for cryptocurrency markets, according to a Cointelegraph review of data from two popular prediction markets.

Traders on Polymarket and Kalshi expect Bitcoin

BTC $96,496 and Ether ETH $3,397.04 to hit record highs in 2025. They also anticipate the United States greenlighting several new types of crypto exchange-traded funds (ETFs) and establishing a strategic Bitcoin reserve.

As of Dec. 26, Kalshi prices more than 60% odds of BTC and ETH reaching at least $125,000 and $5,000 in 2025, respectively. Polymarket sets 50% odds of BTC touching $120,000 before the end of March.

To date, Bitcoin’s record high is around $108,300, and Ether’s is around $4,720.

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