The end of 2025 could mark the start of a new cryptocurrency cycle as Bitcoin stabilizes following a 30% market decline. This stabilization is attributed to macroeconomic improvements and shifts in liquidity, with the Federal Reserve adopting a dovish policy, cutting rates to 3.75%-4.0% by October 2025. This move has reduced the opportunity cost of holding Bitcoin, enhancing risk appetite. Global central banks, including the ECB and BoE, have also eased monetary policies, creating a synchronized stimulus environment. Additionally, the development of CBDCs and clearer regulatory frameworks, such as the Genius Act and stablecoin regulations in the U.S., are fostering institutional adoption. Despite short-term volatility, liquidity is showing signs of recovery, with political developments like Trump's cryptocurrency task force adding complexity to the market outlook.