AI Bubble, the Decline of OG Memes and Bitcoin's Dominance: 2025 Crypto Market Outlook
Recently, core team members of Delphi Labs engaged in an in-depth dialogue about the prospects of the crypto market in 2025 on the Hivemind podcast. Host Jose, along with Ceteris Parabus, Duncan, and Jason, discussed hot topics in the market such as the evolution of AI narratives, the Bitcoin L2 ecosystem, and the return of infrastructure value.
Market Observation
Recently, the market has been highly volatile, but it has not changed the fundamentals. Bitcoin still performs the best, while DeFi projects and old Meme coins have shown mediocre performance. The market's points of interest have not undergone a fundamental shift; during the rebound, the assets that have performed the best are still those that stood out at the bottom.
Macroeconomic factors and technical adjustments are the main reasons for market fluctuations. With Trump's inauguration approaching, if Bitcoin continues to rise, it may