As 2025 begins, the crypto market is thriving, bolstered by favorable macroeconomic conditions and political factors, according to Grayscale’s Zach Pandl. He noted that 2024 was a record year for Bitcoin, which surged over 100% and surpassed $100,000, aided by the launch of spot Bitcoin ETFs and Donald Trump’s pro-crypto campaign stance. With the economy avoiding recession and the Federal Reserve cutting interest rates, the outlook for Bitcoin remains positive. Pandl emphasized that cryptocurrencies are now mainstream assets discussed in regulatory circles, signaling their permanence in investment portfolios.