According to the Coingecko 2025 Q1 report, the cryptocurrency market led by Bitcoin lost almost a fifth of its value in the first quarter of 2025, completely denying the benefits reached at the end of 2024.
The total market value witnessed a fall in 3.8 trillion dollars to 2.8 trillion dollars, which dropped by 18.6% per quarter. This sharp immersion marked the turn before the inauguration of Donald Trump as the US President, which sharply contrasts with last year’s growth. The trading volume also received some reductions, since daily volumes fell to $ 146 billion, which is 27%by 27%.
The Bitcoins Rules market, while others refuse
Bitcoin isolated himself reasonably from turbulence in other cryptocurrencies, so that its market share has reached almost 60%, which is the highest in four years. Bitcoin achieved a peak assessment of $ 106,182 in January shortly after the inauguration, but plunged almost 12%to end the quarter of $ 82,514.
Compared to bitcoins during this period, the US gold bonds and treasury were traditional safe investments with lower performance.
However, compared with Ethereum, the situation was much worse. Its price decreased by 45%, in fact, wiping all growth in 2024. The market share has fallen to almost 8%, which is the lowest that has been since the end of 2019.
As most analysts were observed, this decline is not new, since more and more actions moved towards the network of “layer 2” created on Ethereum, and without using the main Ethereum network.
Mem -Monets accident after major fraud
Previously, a red -hot coin of memes received a rude alarm call in early 2025. After the boom in Trump tokens, the industry was seriously damaged when the token Libra, introduced by the president of Argentina, Havier Miley, turned out to be fraud.
The project was left by developers after they took the funds of investors, destroying confidence in the same tokens. By the end of March, the new token launches on Platform pump.fun per day fell by more than 50%.
The Defi industry loses more than a quarter of its cost
Even the decentralized finance industry (Defi) was not released. The total money in Defi projects fell by 27% to $ 48 billion in the first quarter. The dominance of Ethereum in the Defi space decreased to 56% by a quarter.
Not everything was negative, although. Stabcoin, such as Tether (USDT) and US dollars (USDC), have become more popular among investors who are looking for a safer bet because the market has scored.
Solana also remained in her leadership position, conducting 39.6% of all decentralized exchange trading (DEX) during the first quarter, thanks to mainly from the Meme Coin Mania. However, even the leadership of Solana began to deteriorate at the end of the period when the mania of the coin memes decreased.
A dramatic shift in the mood of the market shows how quickly cryptocurrency can change. After the promising end until 2024, the New Year brought a sharp test of reality for crypto investors, while the market value of almost 1 trillion dollars disappeared in just three months.
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