Ready for the trillion-dollar explosion: Is the biggest crypto bull run ever about to begin?

The year 2025 is marking a promising new chapter for the crypto market, as the total market capitalization once again surpasses the $4 trillion mark – an iconic milestone for the strong return of the market after periods of correction. Many analysts believe that the market is entering the early stage of a bullish supercycle, with dense positive signals coming from both macroeconomic factors and institutional capital flows.

Expert Forecast: "The Stage is Set"

In the context of the market gradually heating up, the famous analyst Miles Deutscher has made a confident statement:

"The stage is set for the biggest bullish wave in cryptocurrency history. This industry has never witnessed such a series of bullish momentum/rapid changes."

Miles argues that the market is currently benefiting from multiple simultaneous drivers, creating an unprecedented favorable environment to trigger a wave of explosive growth. Below are the key catalysts he presents:

1. The flow of ETF capital continues to be strong.

One of the strongest driving forces behind the current market is the massive influx of funds from spot ETFs. In July alone, cryptocurrency ETFs listed in the US attracted up to 12.8 billion USD – an impressive figure that clearly reflects the increasing confidence from institutional investors.

Notably, the two spot ETF products for Bitcoin and Ethereum alone have recorded approximately 17 billion USD in net inflows over the past 60 days. This figure not only significantly improves the liquidity of the market but also contributes to enhancing the valuation of the entire digital asset ecosystem.

The fact that large financial institutions are continuously investing in crypto is not only a sign of strengthening long-term confidence but also opens the door for new capital to continue flowing in the near future – creating a solid foundation for a more sustainable growth cycle.

2. Key policy advances from Washington

One fundamental factor that cannot be overlooked is the positive changes in the regulatory framework in the United States. The official passage of the GENIUS Act by Congress and the White House, along with the expansion of access to alternative assets – including cryptocurrencies – in 401(k) retirement programs, marks an important turning point.

This is a strategic advancement, not only legalizing but also creating a clear legal framework for the enormous capital from the traditional financial system to flow into the crypto market safely and sustainably. With an increasingly solid legal foundation, the cryptocurrency market in 2025 and the years to come may witness a stronger wave of institutional investment than ever before.

3. Stablecoin – Positive liquidity indicator

The total market capitalization of stablecoins currently ranges from 270 to 282 billion USD – an impressive figure indicating that the supply of highly liquid cryptocurrencies is increasingly expanding. This not only signifies that the flow of money ready to enter the market is rising, but also reflects that the financial foundation of the crypto ecosystem is being solidified more than ever.

Stablecoins currently play a key role as a bridge between traditional assets (fiat) and the world of cryptocurrencies, while also being an important catalyst for the tokenization of real assets. With an increasingly large market capitalization, the market possesses a sufficiently strong liquidity infrastructure to enter a new growth cycle – not only in scale but also in depth and sustainability.

4. Large organizations "join the game" – Harvard is a typical example.

The newly submitted application to the U.S. Securities and Exchange Commission (SEC) reflects an unprecedented level of interest from institutions in the cryptocurrency market. Most notably, Harvard University – which owns one of the largest educational investment funds globally – has invested approximately 116–117 million USD into BlackRock's Bitcoin ETF IBIT.

This is clear evidence of the increasing trend of institutional capital flowing into the market through ETF products. Not only do they bring legitimacy and transparency, but ETFs are also becoming the main gateway for the crypto market to connect with the traditional financial system – thus contributing to the stability and laying the foundation for the sustainable development of the entire industry.

5. Supportive winds from politician – Donald Trump and family

Political factors are also emerging as an important catalyst that cannot be overlooked. The public and clear support from former President Donald Trump and his family members for the blockchain and cryptocurrency industry is contributing to shaping a more "breathable" regulatory environment for the entire market.

As cryptocurrencies gradually become "legitimized" in the eyes of the public and traditional investors, the level of widespread acceptance will continue to increase. This will not only help improve market confidence but also serve as a strong driving force for the value of digital assets in the long term.

6. Ethereum breaks back to the $4,000 range – A strength that cannot be underestimated

Another sign that indicates the significant internal strength of the market is that Ethereum has surpassed the 4,000 USD mark – the highest level in many years. It is noteworthy that both ETH and Bitcoin are still maintaining a steady bullish trend, despite the continuous waves of FUD stirring investor sentiment.

This indicates that the selling pressure is gradually weakening, while the buying demand remains high – creating an ideal context for the market to prepare for a new bullish cycle.

ETH Price Chart | Source: TradingView### 7. Bitcoin Dominance Weakens – Sign for "Altcoin Season"?

Finally, Miles Deutscher emphasizes an important technical indicator: The dominance index of Bitcoin (Bitcoin Dominance) is weakening – for the first time since 2024. This is a clear signal that liquidity is beginning to shift away from BTC, towards altcoins and centralized exchanges (CEX).

"This is extremely important to position the current stage in the market cycle," Miles commented. "It creates favorable conditions for a wave of altcoin rotation – which often brings explosive profits for venture investors."

When capital flows out of Bitcoin and into higher-risk assets like altcoins, history has shown that this often marks the beginning of a breakout growth phase for smaller projects, opening up opportunities for asset multiplication for those who adopt them ahead of the market.

The resonance of many positive factors – from abundant ETF capital flows, friendly macro policies, increased liquidity, institutional money pouring in, to promising technical signals – is painting an unprecedented optimistic picture for the crypto market in 2025.

Although no one can be certain what the future will hold, as Miles Deutscher himself said:

"This industry has never gathered so many strong catalysts at the same time."

If that is true, the upcoming bullish cycle may not only be strong – but also has the potential to become the largest in cryptocurrency history.

Emma