The debut quarter of 2025 was unsuccessful for the cryptocurrency sector

According to Coingecko, in the 1st quarter of 2025, the total market capitalization of digital coins decreased by 18.6%. After reaching the local maximum at the level of $ 3.8 trillion, which occurred on January 18, the indicator by the end of March dropped to $ 2.8 trillion. The average daily bid volume also demonstrated negative dynamics, decreasing by 27.3%-from $ 200.7 billion in the 4th quarter of 2024 to $ 146 billion in the 1st quarter of the current year.

Despite the overall fall, the share of bitcoin on the market increased markedly, reaching 59.1% by the end of March. This is the maximum of the beginning of 2021. USDT dominance also intensified, overcoming 5.2%. A stable USDC coin returned to 7th place in market capitalization. At the same time, Ethereum lost 3.9% and completed the quarter with a share of only 7.9%. This has become the lowest indicator since the end of 2019.

Bitcoin Set in price by 11.8% per quarter. After reaching the historical maximum above $ 109,000, the price fell to $ 82,514. At the same time, gold increased by 18%, overtaking not only cryptocurrencies, but also American treasury bonds. The US dollar index (DXY) decreased by 4.6%.

Ethereum cryptocurrency showed especially weak dynamics, falling by 45.3% – from $ 3336 to $ 1805. This rollback nullified all the achievements of 2024 and returned the price of token to the levels of 2023. Daytime trade also fell: from $ 30 billion in the last quarter to $ 24.4 billion in the latter.

The PumpFun platform, which became popular at the beginning of the year, also experienced a significant decline. After a peak of 72 thousand new tokens per day reached in January, activity decreased by 56.3%. The main reduction occurred after a scam with Libra, advanced by Argentina President Havier Miley.

The volume of spare trade on centralized exchanges decreased by 16.3%, amounting to $ 5.4 trillion. Binance She retained leadership, occupying 40.7% of the market. After a hacker attack on Bybit The indicators decreased from $ 178.2 billion to $ 84.7 billion.

In the market of decentralized exchanges of SOLANA DEX occupied 39.6% of the total trading volume, reaching a share of 52% in January. However, by March, the Ethereum ecosystem intercepted the initiative. She took 30.1%, while the results Solana We sank to 23.4%.

Author

Peter Ivanov