The Institutional Hegemony, the Reconfiguration of Risk, and the Global Regulatory Dawn
The end of the year 2025 has consolidated the transition of the digital assets market from a speculative niche to an institutionally integrated asset class. This change has rewritten the fundamental rules governing the price movements of Bitcoin (BTC) and has subjected the ecosystem to a new and complex matrix of macroeconomic risks and regulatory challenges.
I. The Transformation of the Bitcoin Cycle: The Dominance of ETFs
1.1. Price Analysis and Macroeconomic Sentiment
By the end of 2025, Bitcoin is trading at elevated levels, recording prices ranging between $90,633.00 and 90,914.00**, and at one specific moment near **91,097.09. This bullish momentum is strongly anchored in expectations of a possible rate cut by the Federal Reserve (Fed). Traders discount that the monetary easing cycle is accelerating, with a probability greater than 80% that the Fed will implement a 25 basis point cut in December.$BTC
