Cantor Fitzgerald: Crypto to stabilize in 2025 amid potential price declines

The cryptocurrency industry is poised to enter a more stable, institution-focused phase, even if Bitcoin enters a bear market, according to financial services firm Cantor Fitzgerald. The firm noted that while the crypto market appears to be at the start of a downturn based on the four-year halving cycle theory, it does not anticipate the large-scale liquidations or structural failures seen in the past. Cantor Fitzgerald attributes this outlook to several factors, including the entry of institutional investors, growth in sectors like real-world asset (RWA) tokenization and decentralized exchanges (DEX), and fundamental market improvements driven by a changing U.S.-centric regulatory environment. The firm projected that even if prices do not rally next year, the period will be characterized by strengthening infrastructure and solidifying institutional adoption.