NewsBTC

18 April 2025

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Cryptocurrency Market Loses 18.6% Value in Q1 2025

The 2025 Q1 Report by CoinGecko indicates that the cryptocurrency market, primarily driven by Bitcoin, lost approximately 18.6% of its value in Q1 2025, dropping from $3.8 trillion to $2.8 trillion.

• Bitcoin's market share reached nearly 60%, the highest in four years.
• Bitcoin peaked at $106,182 in January but fell nearly 12% to close the quarter at $82,514.
• Ethereum's price dropped 45%, reducing its market share to about 8%, the lowest since late 2019.
• The DeFi sector saw a 27% decrease in total value, falling to $48 billion, with Ethereum's dominance in this space declining to 56%.
• Meme coins faced a significant downturn after the collapse of the Libra token, leading to a 50% drop in new token launches on Pump.fun.
• Stablecoins like Tether (USDT) and USD Coin (USDC) gained popularity as safer investment options during the market decline.
• Solana maintained a 39.6% share of decentralized exchange trading, though its position weakened towards the end of the quarter.

This volatility resulted in nearly $1 trillion in market value loss within three months, highlighting the rapid shifts in investor sentiment in the cryptocurrency landscape.