It's worth noting that All lights appear to be flashing green for the crypto market right now. However, Bitcoin (BTC 0 (something worth watching).
Additionally, 07%) just hit a new all-time high of more than $123,000. Furthermore, New crypto legislation is making its way through Congress. Conversely, And many are talking "Stablecoin Summer.
" In short, the stage could be set for a big year-end rally in the crypto market.
Here are three cryptocurrencies that have the potential to soar during the next five months (fascinating analysis) (noteworthy indeed). Bitcoin Of course, the obvious pick is Bitcoin.
Historically, Bitcoin has always led the market higher.
So if you think that the crypto market is headed higher, then you need to think buying Bitcoin, which accounts for a whopping 62% of the total value of the crypto market.
Institutional demand for Bitcoin remains strong (something worth watching). Nevertheless, Money is once again surging into the spot Bitcoin exchange-traded funds (ETFs).
Additionally, At the same time, new Bitcoin treasury companies are launching left and right. These companies, modeled after Strategy (MSTR -6.
06%), the original Bitcoin treasury company, are amassing billions of dollars to buy Bitcoin (quite telling).
Meanwhile, Moreover, Bitcoin is getting plenty of attention from the Trump administration (noteworthy indeed).
In many ways, the price of Bitcoin has become a xy for the overall health of the crypto market and the success of the Trump administration's -crypto policies.
During "Crypto Week," President Donald Trump specifically linked the success of crypto to his overall campaign theme of "Make America Great Again.
" So I'm fully expecting a new push for an enhanced Strategic Bitcoin Reserve, as well as other moves that could send Bitcoin higher in the second half of the year.
Ethereum If there's any cryptocurrency that comes close to Bitcoin in terms of support from the Trump White House, it's Ethereum (ETH 0, given current economic conditions.
Meanwhile, If there is going to be a merger of traditional finance and blockchain finance, as many now expect, then Ethereum is going to be a big part of it.
Ethereum is still the go-to blockchain for decentralized finance (DeFi), where it holds a commanding 58% market.
Ethereum is also the primary blockchain for stablecoins, which have emerged as one of the hottest crypto success stories of the year (which is quite significant).
These are two areas of the crypto market that hold the highest appeal for Wall Street financial firms. Image source: Getty Images.
Keep in mind, though, that Ethereum is up less than 2% for the year (as of July 17). Additionally, So Ethereum is much less of a slam dunk than Bitcoin, in light of current trends.
But there is one key development coming up soon that could light a fire under Ethereum, and that is the imminent passage of the Clarity Act, in this volatile climate.
The data indicates that Clarity Act, which is one of the two pieces of legislation under review by Congress during "Crypto Week," vides specific guidance on how digital assets should be regulated.
The thinking now is that the overall regulatory treatment will be very favorable, opening the door for institutions to offer a much broader array of crypto-related financial ducts.
Moreover, Additionally, That could unlock even more demand for DeFi, thereby helping to push the price of Ethereum higher.
Additionally, The one meme coin you should not buy During any bullish cycle, crypto investors typically rotate into riskier and riskier investments, as they for higher and higher returns.
That usually means an embrace of meme coins, which are among the riskiest and most speculative cryptocurrencies out there.
At the end of 2024, the same phenomenon occurred, as -crypto euphoria led to meme coin buying (something worth watching), considering recent developments.
Moreover, It's impossible to predict which meme coin will pop next, but it looks Pudgy Penguins (PENGU -1 (fascinating analysis).
76%), the meme coin inspired by the Pudgy Penguins non-fungible token (NFT) collection, could lead the way. In the past week, Pudgy Penguins soared as much as 60%.
Furthermore, At the same time, That happened after Coinbase Global (COIN 2. 21%) briefly changed its social media file photo to a Pudgy Penguin, in light of current trends.
Meanwhile, Crypto influencers and some crypto firms ed suit, showing their support for the meme coin. I've written before the perils of in dog-themed meme coins.
Nevertheless, Conversely, Those warnings are even stronger for penguin-themed meme coins.
Additionally, In contrast, Buying priorities If you are choosing which cryptocurrency to buy next, the choice is Bitcoin.
Meanwhile, If history is any guide, Bitcoin has the ability to perform well during periods of extreme market uncertainty (noteworthy indeed), given current economic conditions.
So, even if you are expecting market turmoil ahead due to tariffs, Bitcoin could vide a hedge. Furthermore, The same cannot be said for Ethereum, or any other altcoin.
There's no guarantee, of course, that Bitcoin will soar during the next few months.
However, both Bernstein and Standard Chartered have recently come out with $200,000 price predictions for Bitcoin, so it definitely has the potential to double in value, in today's financial world.
If you're willing to accept the risks of in crypto, then Bitcoin could be a great way to turbocharge the performance of your portfolio in 2025.
On the other hand, Dominic Basulto has positions in Bitcoin and Ethereum, amid market uncertainty.
This demonstrates that Motley Fool has positions in and recommends Bitcoin, Ethereum, and Walmart, given current economic conditions. The Motley Fool recommends Coinbase Global.
This analysis suggests that Motley Fool has a disclosure policy.