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Coinbase looks ahead to three major themes in the cryptocurrency market for the second half of the year, expecting Bitcoin to maintain an upward trend

ChainCatcher news reports that according to a Coinbase research report, the outlook for the cryptocurrency market in the second half of 2025 is positive, primarily benefiting from better-than-expected economic growth, corporate adoption of cryptocurrencies, and a clearer regulatory environment.The report indicates that the risk of a U.S. economic recession has diminished, showing signs of stronger economic growth. Approximately 228 publicly traded companies globally hold a total of 820,000 BTC, with corporate treasury adoption of cryptocurrencies becoming an important source of demand. Despite potential systemic risks, these are manageable in the short term.On the regulatory front, progress has been made in U.S. stablecoin legislation, with the "STABLE Act" and "GENIUS Act" moving forward, and a unified bill is expected to be reached before Congress recesses on August 4. Meanwhile, the U.S. Securities and Exchange Commission is reviewing about 80 cryptocurrency ETF applications, including those for physical creation/redemption, staking features, index funds, and single-token ETFs.The report believes that despite risks such as the steepening U.S. Treasury yield curve, the upward trend of BTC is expected to continue, while the prospects for altcoins may depend more on their specific factors.
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