Bitcoin is currently consolidating near $119,387 following a significant 150% price surge since early 2025. The rally propelled the leading cryptocurrency from approximately $70,000 to nearly $180,000 by mid-year before settling at its current levels, indicating strong underlying liquidity and market stability during this phase.
Analysis of Bitcoin’s price movement reveals distinct growth phases: steady increases late in the previous year and early this year, culminating in an explosive rally starting in March 2025. This performance trajectory aligns noticeably with global M2 money supply trends, highlighting Bitcoin’s standing as a store of value amidst ongoing currency devaluation concerns globally.
Looking ahead, market expectations center on Ethereum’s continued push towards new all-time highs. This bullish momentum for the second-largest cryptocurrency is anticipated to catalyze increased activity across the altcoin sector later in the year, with significant momentum expected to build specifically in the fourth quarter of 2025.
Overall investor confidence remains high, supported by strong market fundamentals. The current consolidation phase for Bitcoin, combined with Ethereum’s positive momentum, suggests sustained growth prospects for the broader cryptocurrency market in the coming months.