The post Crypto Market Bull Run Pushed To 2025? Here’s What to Expect appeared first on Coinpedia Fintech News
In a recent update, crypto analyst Miles Deutscher shared his latest insights on the cryptocurrency market cycle. Initially, the peak was expected in Q4 2024, but recent trends suggest a delay, now anticipated in early to mid-2025. This shift offers a unique opportunity for cryptocurrency investors to strategies better.
Cryptocurrency Market Shift: Delayed Peak
A few months ago, the cryptocurrency market was on a rapid upward trajectory, with prices increasing swifty. It was expected that the market would reach its peak in the fourth quarter of 2024. According to Deutsher’s view, recent price fluctuations have altered this forecast.
A few months ago, it was looking like an extremely accelerated cycle – potentially peaking in Q4 this year.Now, after recent price action, I'm thinking Q1/Q2 2025 is more realistic.This last month has set the cycle back & bought us time.Use it to your advantage.
— Miles Deutscher (@milesdeutscher) June 26, 2024
Current Crypto Market Trends
As of June 26, 2024, the total cryptocurrency market cap stands at $2.222 trillion. At the beginning of June, it was approximately $2.465 trillion, peaking at $2.572 trillion on June 5. Since then, the market has shown a consistent weakening trend. At the start of 2024, the total market cap was around $1.668 trillion, reaching its yearly peak of $2.678 trillion on March 13.
The total crypto market cap excluding Bitcoin is currently $1.01 trillion. At the beginning of June 2024, it was $1.131 trillion, with a monthly peak of $1.171 trillion on June 5. Similar to the overall market, it has weakened since then. At the beginning of this year, it was $800.685 billion, peaking at $1.241 trillion on March 13.
In both these charts, we saw a sharp upward momentum between late-January and mid-March. Later, it entered a range trend. In the total cryptocurrency market cap chart, it oscillated between $2.618T and $2.126T. In the total crypto market cap excluding Bitcoin chart, it stayed between 1.214T and 972.32B.
With the market peak now expected in early 2025, cryptocurrency investors have an extended period to refine their crypto investment strategies and position themselves advantageously for the next cycle peak.
Read Also: Bitcoin Price Prediction: No Confirmation Of Volatile Shifts; Here’s When Serious Fireworks Will Begin
