Two Digital Currencies Potentially Soaring in 2025, while One Should Be Steered Clear Of
2025 hasn't delivered the crypto boom that many anticipated, with significant dips in major cryptocurrencies despite President Trump's election. However, optimism remains, particularly for Bitcoin and XRP, which are still worth keeping tabs on.
Bitcoin
Last year saw Bitcoin reach new heights, partly thanks to the launch of new BTC ETFs and Trump's election. But with a fresh catalyst needed in 2025, the politicians and markets might just step up to the plate. One potential game-changer comes from the Bitcoin Act of 2024, which suggests the US government could purchase a million Bitcoins, giving Bitcoin a sizable boost.
Moreover, institutional investors aren't backing off from Bitcoin, bolstering numbers since the election. But the biggest turn could be when other governments follow suit. However, let's keep our eyes on those SEC filings, because it might just be the small, nimble investment firms that set the Bitcoin price alight.
XRP
XRP's skyrocketing performance has left many investors feeling like they've hit the crypto jackpot. But without a fresh catalyst, can XRP keep up the blistering pace?
Well, if the SEC decides to greenlight some XRP ETFs, it could inject a huge injection of fresh capital into XRP. And with a growing rapport between Ripple and the Trump administration, speculation abounds that XRP might just find a cozy home in the US's digital stash. However, if we're waiting for that kind of regulatory approval, we might be in for a long wait.
The one crypto to avoid
Litecoin's impressive showing in 2025 has certainly won it some fans. With a 90% chance of receiving a spot ETF and the Bloomberg Invest's seal of approval, it's easy to get carried away. But the charm of Litecoin might just come to a halt.
Institutional investors' interest in Litecoin isn't where it was in previous years, thanks to Trump's more pro-crypto administration. As a consequence, Litecoin might not bring the kind of buzz some investors are hoping for.
The one crypto to buy hand over fist
While XRP scores well with retail investors, it's hard to go past Bitcoin when it comes to industrious institutional backing. It's an established player that's not about to be overlooked, and with that pro-crypto administration, there's a strong possibility that Bitcoin couldn't be in better hands. So if you're in the market for a reliable bet, then Bitcoin could just be the crypto champion you've been waiting for.
- Despite the lack of a crypto boom in 2025 as anticipated, there's hope for a sizable boost with the potential implementation of the Bitcoin Act of 2024, which could see the US government purchasing a million Bitcoins.
- In the world of finance and investing, institutional investors haven't shied away from Bitcoin since the election, and their continued interest could potentially drive up its price further.
- Cryptocurrencies like XRP could benefit from the approval of XRP-related ETFs by the SEC, which could inject a significant amount of fresh capital into the market.
- As per Gensler, the Chair of the SEC, cryptocurrencies like Bitcoin and Ethereum are primarily used for investments, indicating a greater involvement and recognition of these digital assets in the financial world.
