Crypto's 2025 Slump: Is It Just a Bump or a Big Problem?

Crypto's 2025 performance has sparked a lively debate. Two experts, Kevin McCordic and Nic Carter, have different takes on whether this year's slump is just a normal part of the cycle or a sign of bigger issues. McCordic, who works at Monad, thinks 2025 is not as bad as 2022. Back then, big lenders failed, exchanges collapsed, and many tokens lost value quickly. He believes this year's drop is just a normal adjustment after a crisis. He also thinks crypto is now a big part of global finance and that things will be okay. Carter, on the other hand, thinks 2025 feels worse. He believes crypto is no longer the center of attention. Prices are not moving much, and fewer people are buying. He also thinks the old playbook for crypto gains, like the four-year cycle and alt season, might not work anymore. He believes gains now depend on creating products that people actually use and find valuable. These different views suggest different strategies. If this is just a normal part of the cycle, then patience and waiting for a rebound might be the way to go. But if the slump is because of lost attention and fewer catalysts, then gains might depend on creating good products and generating revenue. Bitcoin's price was around $95, 234 on Nov. 15. It has gone up by 0. 9% in the past 24 hours. Year to date, Bitcoin is up by 1. 93%, which is less than the S&P 500's 14. 75% and the Nasdaq Composite's 18. 77% gains.