According to Coingecko’s 2025 Q1 reportThe Cryptocurrency market, led by Bitcoin, lost almost one fifth of its value in the first quarter of 2025, so that the profit completely denied by the end of 2024.
The total market value witnessed a decrease of $ 3.8 trillion to $ 2.8 trillion, a decrease of 18.6% compared to the quarter. This sharp immersion marked the turnaround before the inauguration of Donald Trump as American president, in stark contrast to last year’s slope. The trade volume also suffered some contractions, because daily volumes fell to $ 146 billion, a decrease of 27%.
Bitcoin ruling market while others are deteriorating
Bitcoin Isolated itself reasonably out of the turbulence in other cryptocurrencies, so that its market share reached nearly 60%, the highest in four years. Bitcoin achieved a peak valuation at $ 106,182 in January shortly after the inauguration, but fell almost 12% to terminate the quarter at $ 82,514.
Compared to Bitcoin during this period, gold and American treasury bonds were traditional safe investments in practice with lower performance.
Compared to EthereumHowever, the situation was much worse. The price fell by 45%, in which essentially all profit demanded in 2024. The market share fell to almost 8%, the lowest it has been since the end of 2019.
As most analysts have observed, this decline is not something new, because more and more activities have shifted to “Layer 2” networks that have been built on top of Ethereum and do not use the Ethereum Main Network.
Meme coins crash after a large scam
The rather red-hot meme coin room received an unusual wake-up call at the beginning of 2025. After a tree in the tokens with Trump theme, the industry was seriously injured when the Libra-Tok of token-introduced by the President Javier Milei of Argentina-Bleek A scam.
The project was abandoned by developers after taking the money from investors, so that confidence in such tokens was shattered. New Token is launching on the platform pump by the end of March. Fun per day had fallen by more than 50%.
Defi industry loses more than a quarter of its value
Even the Decentralized Finance (Defi) industry was not exempt. The total number of money in Defi projects fell 27% to $ 48 billion during the first quarter. The dominance of Ethereum in the Defi room fell to 56%by the end of the quarter.
But not everything was negative. Stablecoins such as Tether (USDT) and USD Coin (USDC) became more popular with investors who were looking for a safer gamble as the market refueled.
Solana Also remained in his leadership position and held 39.6% of all decentralized Exchange (DEX) trade during Q1, mainly thanks to Meme Coin Mania. Even the leadership of Solana, however, began to decrease at the end of the period when the Meme Coin Mania dropped.
The dramatic shift in market sentiment shows how quickly cryptocurrency -stunning can change. After a promising end to 2024, the new year brought a hard reality control for crypto investors, with almost $ 1 trillion in market value in just three months disappeared.
Featured image of Pexels, Graph of TradingView