2025 Cryptocurrency Recap - What went right and what went wrong?
The Bad Crypto Podcast
Joel Comm and Travis Wright
4.5 • 1.2K Ratings
🗓️ 31 December 2025
⏱️ 27 minutes
🧾️ Download transcript
Summary
2025 was supposed to be the year for crypto.
Instead, it delivered all-time highs… followed by one of the most confusing pullbacks we’ve seen in years. Bitcoin hit new records, then gave them back. Altcoins struggled. Expectations got wrecked. And everyone was left asking the same question:
What the hell just happened?
In Episode 799 of The Bad Crypto Podcast, Joel and Travis close the books on 2025 and look ahead to what 2026 might bring — without pretending they have a crystal ball.
They break down:
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Why 2025 felt bullish on paper but disappointing in reality
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The massive liquidation event that changed market momentum overnight
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Why the four-year cycle may already be broken
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How Bitcoin behaved more like a “stablecoin” than a risk asset this year
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Why nation-states, ETFs, and institutions are quietly reshaping the market
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What macro factors, liquidity, elections, and money printing could mean next
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Why zooming out still tells a very different story than staring at short-term charts
The guys debate whether Bitcoin is gearing up for another major leg higher or settling into a new kind of market entirely — one driven less by retail euphoria and more by institutions, governments, and global liquidity.
It’s part recap, part reality check, part cautious optimism… and a reminder that after nine years and nearly 800 episodes, Bad Crypto is still here, still asking the hard questions, and still bullish on the long game.
As the calendar flips to 2026 and Episode 800 looms, this is your moment to reflect, recalibrate, and remember why you got into crypto in the first place.
Out with the old.
In with the new.
And as always…
Stay bad.
Support the show: https://badcryptopodcast.com
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | 2025 was a whirlwind of hope and disappointment for the cryptocurrency world. We saw all-time highs |
| 0:06.4 | and then a massive pullback that leaves us wondering what is going to happen next. But here at the |
| 0:11.4 | Republic of Bad Cryptopia, we remain bullish on Bitcoin, cryptocurrency, and blockchain. We don't |
| 0:17.6 | know if the market's getting ready to shatter all-time highs or if we're settling in for a bear market, but we do know that the long-term prospects are looking |
| 0:25.5 | really great. Today, we'll share our thoughts on closing out 2025 and prognosticate on what |
| 0:31.2 | we think could happen in 2026. It's an out with the old and in with the new episode number |
| 0:37.2 | 799 of the Bad Crypto podcast. |
| 0:42.4 | Five, four, three, two, one, zero, all engine running. |
| 0:50.6 | Lift-off. |
| 0:52.0 | Who's bad? |
| 0:52.7 | Who's bad? A belated, Merry Christmas to all of you in the Republic of Bad Cryptopia, and you as well, Sir Lord |
| 1:09.2 | Travis. |
| 1:10.0 | Merry Christmas, sir. |
| 1:10.9 | Hey, thank you so much. |
| 1:12.1 | It's been, well, I'll tell you, I flew back from Dubai on the 20th. |
| 1:18.9 | You know, from Dubai to Houston, 16 hours and 17 minutes in flight. |
| 1:25.6 | And that was after an hour and 15 minute delay of sitting there waiting to go. |
| 1:29.9 | You know, it was nice. |
| 1:31.0 | I love that. |
| 1:32.3 | But here we are. |
| 1:33.5 | All right. |
| 1:33.8 | And then I'm here in America. |
... |
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