Crypto on track to be one of the worst-performing asset classes of the year
Bitcoin and Ethereum are leading a downward trend, potentially making crypto one of the worst-performing asset classes in 2025.Summary
With only six weeks left in 2025, Bitcoin and Ethereum are showing year-to-date losses, suggesting cryptocurrency could become one of the worst-performing asset classes, even trailing traditional markets. Nearly 99% of Bitcoin investors who bought in the last 155 days are currently underwater, despite significant institutional adoption. While the 10 original spot Bitcoin ETFs have seen $59 billion in cumulative inflows since January 2024, their average purchase price of $90,146 means unrealized profit has shrunk significantly. The pain is worse for altcoins, with only about 5% currently in profit, indicating deep capitulation across the broader market. This performance is a stark reminder of crypto's inherent risks, especially as institutional focus drives a divergence between Bitcoin and altcoins.
(Source：CryptoSlate)