Fixygen: Crypto market ended 2025 in the red amid sharp autumn correction
31.12.2025 13:30
The crypto market ended 2025 significantly weaker than most traditional asset classes. According to Fixygen's estimates, Bitcoin fell by 5.75% over the year, Ethereum by 11.58%, and the altcoin sector by 42.27%. Fixygen
At the end of December, the market remained in a state of low liquidity and consolidation, with BTC and ETH trading around $88,000 and $3,000, respectively.
The key story of 2025 was strong growth to autumn highs and a subsequent sharp correction. Fixygen noted that the decline was exacerbated by derivatives and the forced closure of short positions worth about $19 billion. Fixygen In November, according to Fixygen analysts, the cryptocurrency market lost more than $1 trillion in capitalization amid profit-taking, deteriorating risk appetite, and outflows from exchange-traded funds. Fixygen
The end of the year was marked by a thin market and the impact of major events in derivatives: Fixygen pointed to the effect of low holiday liquidity and discussion of a large expiration of options on Deribit as a potential trigger for short-term volatility. Open4Business
Trends for 2025
1. Crypto is increasingly being traded as a risk asset alongside the macro agenda. This was evident, in particular, through sensitivity to interest rate expectations and overall market sentiment, as well as through participants' discussions about ETF flows.
2. Rotation within the market: after overheating, capital sought more stable segments. The tokenization of real assets and the growth of infrastructure around RWA and stablecoins stood out: according to RWA.xyz, the total value of tokenized RWA on public blockchains is about $19.17 billion, and the stablecoin market is about $298 billion.
3. Regulation became part of investment risk and part of the industry's “legitimization”: 2025 brought noticeable regulatory changes and increased attention to compliance in various regions.
The near future: baseline scenario and crossroads
The baseline scenario for early 2026 is continued consolidation after a volatile fall, when the market will “digest” the correction, and dynamics will largely remain dependent on the macro background, capital flows, and the news agenda.
Further on, the fork is simple. The positive scenario is a return of steady demand from large investors and a restoration of risk appetite, which usually supports BTC and then triggers a selective “second wave” in liquid altcoins. The negative scenario is a new wave of risk-off (due to rates, geopolitics, or regulatory surprises), in which altcoins, as the riskiest segment, feel the pressure the most — this was already evident at the end of 2025.
Теги: Fixygen Crypto Market Переглядів: 79