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Could bitcoin reach $200,000 by the end of 2025?
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Welcome to the Canadian Crypto Observer. Financial journalist and author Aditya Nain offers perspective on market-moving headlines to help Canadian investors navigate the cryptocurrency market.
In case you missed it, bitcoin (BTC) is now the seventh-largest asset in the world by market capitalization. Here’s what’s ahead of it.
Source: Companiesmarketcap.com as of July 30, 2025
The prices of Bitcoin (BTC), ethereum (ETH), XRP and other cryptocurrencies have been on a tear this year on the back of various factors, the most significant being the passing of the GENIUS Act in the U.S. This Act regulates U.S.-dollar stablecoins—cryptocurrencies pegged to the U.S. dollar, such as Tether (USDT) and USDC—and in doing that, takes a major step towards regulation of crypto in the world’s largest market, the U.S.
Let’s put crypto’s price rise into perspective. The table below compares the percentage gain of the top three cryptocurrencies with the U.S. stock market (S&P 500), the Canadian stock market (S&P/TSX Composite), and gold (GLD)…


