Template-Type: ReDIF-Article 1.0
Author-Name: Andrey Zubarev
Author-Name-First: Andrey
Author-Name-Last: Zubarev
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: The cryptocurrency market shows positive dynamics in H1 2025
Abstract: The cryptocurrency market continues to grow, and its connection to the traditional financial market is increasing due to new inflows of funds into BTC and ETH ETFs, while funds for other major cryptocurrencies are preparing to launch. In 2025, there was a trend toward purchasing cryptocurrencies (not only Bitcoin) for the balance sheets of public companies. On the one hand, this is a driver of growth in cryptocurrency capitalization, and on the other, it increases the costs of the cryptocurrency market bubble bursting, as a significant portion of these companies purchase cryptocurrencies with borrowed funds.
Classification-JEL: G18, G23, K24, L86, O16, Q54
Keywords: Cryptocurrencies, coinmarketcap, Bitcoin, ETH ETF
Year: 2025
Issue: 18
Month: September
Pages: 5
File-URL: https://www.iep.ru/files/RePEc/gai/monreo/monreo-2025-18-1445.pdf
File-Format: application/pdf
File-Function: Revised Version, 2025
Handle: RePEc:gai:monreo:monreo-2025-18-1445