How will Bitcoin dropping impact Pokemon?

Financial markets across the board are dropping. How will Bitcoin losing 25% in a month impact Pokemon prices?

  • Pokemon prices drop
  • Pokemon go brrr
  • Pokemon is a hedge against inflation
  • Pokemon is not correlated
0 voters
1 Like

It /might/ stop PSA 10 1st edition Jungle and Fossil holos from selling for $20k, but beyond that who knows

5 Likes

Genuinly I think it is alt season time.

I dont see BTC being #1 anymore.

Plus people are getting wary of Microstrategy - personally I think they are a huge risk vector.

For cards, we may see less ā€œExclusive Private Salesā€ paid in BTC - which may affect high end market.

I still think Base needs to see a big run though.

I would say that there are segments of the market correlated with crypto but at this point the bulk of the market is too big to be moved by this one thing

10 Likes

I think prices will stagnate since there’s less of an incentive to take an L or break even on crypto. Probably will not crash because there’s already so much money inside of the hobby already

im sure they ā€œsoldā€ on pwcc for that price :rofl:

The argument for bitcoin dropping impacting Pokemon cards is that people don’t feel confident anymore. If bitcoin and stocks can go down just like that, why not Pokemon cards. The consistent supply and high pop arguments are starting to suddenly make a lot of sense.

The argument against is that since people had to sell bitcoin or other assets in order for the prices to go down, they now have cash on hand. And you know what they say, ā€œNever underestimate a passionate collector with ready cash and no plansā€.

And then you have the prices staying flat argument and I think it’s because a lot of collectors don’t dabble that much in crypto to the point where a crash might affect their buying habits in Pokemon cards. Not at least until the general economy outside of crypto is affected in a significant way.

Depending on how things turn out for the Pokemon card market, any of these apply.

4 Likes

Its not that complicated, if the economy isnt doing well, stock market goes down, crypto goes down, and pokemon will follow. Keep in mind though stock market != economy.

When people’s investment portfolios are all at all-time highs, people have more confidence to spend more money on speculative collectibles/assets like pokemon.

When markets are in a decline they are less likely to spend money. They will retract into safer areas or reduce spending on risky assets like pokemon Risk-Averse Definition & Examples - Quickonomics

I think that’s a bit dramatic. The October/November 2025 selloff is nowhere near the 2022 recession or the tariff/trade drop in April 2025.

Bitcoin is below $100,000, but it has yet to reach the April 2025 year low.

Will these trends continue? It’s anyone’s guess.


I don’t think a drop in Bitcoin would dramatically impact Pokemon. There are simply too many consumers in 2025, most of which are not cryptobros.

I do believe that Pokemon correlates with the larger economy (e.g., stock markets, job markets, loan rates), but once again, the ā€œaverageā€ consumer’s buying power is not going to be impacted. Most folks in Pokemon do not spend tens or hundreds of thousands of dollars on the franchise.

2 Likes

We are all too sheltered on e4 seeing only genuine collectors left and right. Consumption of modern is still dominated by the ā€œheroā€ looking to buy modern at MSRP just to sell for 80% of market. The minute that goes away, suddenly PokĆ©mon isn’t cool anymore.

And I can’t figure out these prices on ex and mid era stuff. Who spends $5k on a non holo PSA 10 set card? Nothing about that is organic

I originally was thinking a drop in crypto would cause other speculative markets to drop, but in theory if people were looking to temporarily divest from crypto into other successful assets, it could cause an inverse reaction and make rarer items rally in price due to cash on hand.

It’s really hard to tell which way the market will go. Only thing for certain is dollar devaluation will continue to steamroll and smart money will seek to put free cash into something that appreciates faster than the devaluation rate.

Pretty sure the Pokemon booms have also aligned with crypto booms recently, so I think Pokemon market will cool off. Of course one has to quantify which parts of the market these days which is a good thing for its breadth and depth. I’d say modern sealed and high end/ā€˜low pop’ niche slabs will cool off the most.