Coinbase foresees the crypto fluctuation in 2025, but it may be a leverage time bomb
According to Coinbase Kurumsal, the view of the crypto market in the second half of 2025 continues to be constructive. IMPORTANT POINTS A mixture of macroeconomic tendencies, improvement of regulatory clarity and increasing institutional participation as basic tail winds.
Written by Coinbase Corporate Global Research President David Duong, the report of the company draws its outlines for more growth in the field of digital assets, including a new height of potential for Bitcoin.
The expected federal reserve rate cuts, balancing economic indicators and two -party legislative acceleration around the crypto policy contribute to the optimistic stance of the company.
Nevertheless, Coinbase’s research accepts risks, especially the rise of corporate organizations using debt to accumulate digital assets. These leveraged strategies can also bring structural security deficits if liquidity conditions are tightened or if there are changes in emotion while accelerating adoption.
When companies are able to report the crypto in fair market value after the rule changes from the Board of Financial Accounting Standards at the end of 2024, the balance sheets that hold BTC and other digital assets become more common. However, the use of a convertible debt to finance such strategies offers concerns about potential sales pressure during market stress periods.
Leveled corporate strategies to increase concerns about market stability
According to the data specified by Coinbase, approximately 228 public companies have collectively have more than 820,000 BTC BTC from the mid -2025. Approximately 20 of these companies and others exposed to Ethereum, Solana and XRP follow the leveled purchasing strategies inspired by companies such as strategy (old Microstrategy).
Although these approaches have not yet created instability, Duong says that the lack of standardized financing models may be problematic over time.
If market conditions deteriorate or approach the approaches to debt maturity, companies can be forced to sell most of their crypto reserves potentially to meet their obligations.
Coinbase estimates that most of the unpaid debt from these companies will not mature up to 2029 or more, which can help reduce short -term risk. In addition, if credit-value rates remain moderate, the relevant companies can still access re-financing or liquidity management options that reduce the likelihood of emergency asset liquidation.
However, Duong said that it is difficult to monitor systemic security deficits and that the wider institutional interest in this model continues to increase and that these strategies will be under the pressure of future market pressure.
Regulatory developments and wider appearance
The US regulatory environment is also developing, even, stable and clarity, such as the legislation, until August, the crypto market potentially reshape.
These invoices aim to clarify the surveillance roles between SEC and CFTC, to define stablecoin standards and to provide railings for institutional and retail participation.
In the meantime, with the expected decisions of decisions between July and October, the SEC is reviewing about 80 crypto ETF applications from stoping to single wealthy Altcoin funds.
Coinbase concludes that long -term orbit remains upwards for Bitcoin, especially from leveraged players, even though there are risks. The company expects wider macro trends, corporate adoption and regulatory progress to support the ongoing expansion until the end of 2025, and certain subcoins are located on the basis of project -specific foundations.
The featured image created with DALL-E, tradingView graphics
Editorial process Bitcoinist has been thoroughly investigated and focused on providing accurate and impartial content. We maintain solid welding standards and each page is subject to an diligent examination by our best technology experts and experienced editors team. This process provides the integrity, relevance and value of our content for our readers.
