Odaily News According to a Coinbase research report, the outlook for the crypto market in the second half of 2025 is positive, mainly benefiting from better-than-expected economic growth, corporate adoption of cryptocurrencies, and a clearer regulatory environment.
The report pointed out that the risk of recession in the United States has weakened, showing signs of stronger economic growth. About 228 listed companies worldwide hold a total of 820,000 BTC. The use of cryptocurrencies in corporate treasuries has become an important source of demand. Although there are potential systemic risks, they are controllable in the short term.
In terms of regulation, the US stablecoin legislation has made progress. The STABLE Act and the GENIUS Act are being promoted, and it is expected that a unified bill may be reached before the congressional recess on August 4. At the same time, the US Securities and Exchange Commission is reviewing about 80 cryptocurrency ETF applications, including physical creation/redemption, pledge functions, index funds and single token ETFs.
The report believes that despite risks such as a steepening U.S. Treasury yield curve, the upward trend of BTC is expected to continue, while the outlook for altcoins may be more dependent on their own specific factors.