Canadian Crypto Observer

By Aditya Nain on July 30, 2025
Estimated reading time: 7 minutes

By Aditya Nain on July 30, 2025
Estimated reading time: 7 minutes

Bitcoin is the seventh-largest global asset—can it keep rising? Plus, ETH’s resurgence, and whether investing in MSTR is a better bet than bitcoin itself.

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.

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). (Use your fingers or mouse to scroll to the right.)

2025 has been great for crypto investors—but is the party over, or could BTC and other crypto prices continue to rise? According to Tom Lee, a renowned Wall Street analyst and bitcoin bull, BTC could rise to as much as $200,000 to $250,000 (all figures in U.S. dollars) by the end of 2025. His view is premised on continued low interest rates, further addition of bitcoin to corporate treasuries, and strong ETF inflows.

If previous crypto market........

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