Prediction markets Kalshi and Polymarket are forecasting a successful 2025 for cryptocurrency, with expectations for Bitcoin and Ether to reach record highs. As of December 26, Kalshi indicates over 60% chances that Bitcoin will hit $125,000 and Ether will reach $5,000 in 2025. Meanwhile, Polymarket predicts a 50% chance of Bitcoin touching $120,000 before March. Beyond price forecasts, bettors also anticipate approval for new ETFs related to cryptocurrencies, with probabilities of 75% for XRP, 69% for Solana, and 51% for Litecoin. Additionally, there's a 59% predicted chance that President-elect Donald Trump will create a national strategic Bitcoin reserve during his presidency. However, conventional futures markets suggest more conservative estimates, with the Chicago Mercantile Exchange indicating prices around $98,000 for Bitcoin and $3,500 for Ether by March 2025, still representing a significant increase from current prices. This disparity highlights differing outlooks between prediction markets and traditional futures trading.

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