Top crypto adopters in 2025: Institutions, retail, low-income countries

Summary

The global cryptocurrency industry is expected to gain mainstream and institutional recognition in 2025, driven by regulatory clarity and rising valuations. Bitcoin reached an all-time high of $108,300 in December 2024, following Donald Trump's election victory. The Markets in Crypto-Assets Regulation (MiCA) in Europe and Singapore's favorable regulations are enhancing investor confidence and increasing the number of crypto holders, projected to triple in two years. Bitcoin exchange-traded funds (ETFs) have boosted institutional adoption, with predictions of Bitcoin prices reaching $200,000. The proposed Bitcoin Act in the US could establish a strategic Bitcoin reserve, potentially pushing Bitcoin's value above $1 million. Cryptocurrency adoption is rising globally, particularly in lower-income countries, with India leading in adoption rates. Bitcoin's performance outpaced gold, suggesting its potential as a reserve asset. Investor optimism remains high for 2025, with price predictions for Bitcoin ranging from $160,000 to over $180,000.