📉 Crypto Market Q1 2025: Bitcoin Dominates, Ethereum Weakens, Meme Coins Collapse! 📊

Here's a recap from CoinGecko's Q1 2025 Crypto Industry Report:

📉 Total market cap plummets

Dropped 18.6% to $2.8 trillion.

Average daily trading volume fell 27.3% to $146.0 billion.

👑 Bitcoin consolidates dominance

Increased dominance to 59.1%, highest since Q1 2021.

Bitcoin price fell 11.8% to $82,514.

😔 Ethereum severely weakened

Price fell from $3,336 to $1,805.

Dominance drops to 7.9%, lowest since late 2019.

📈 Bitcoin performance vs. other assets

Bitcoin down 11.8%, underperforming gold (up 18.0%).

NASDAQ down 10.3%, S&P 500 down 4.4%.

💥 The meme coin boom and bust

Meme coin activity spikes with 72,000 tokens/day on Pump.fun.

After LIBRA rug pull, activity drops 56.3% to 31,000 tokens/day.

📉 Centralized exchange trading volume drops

Reached $5.4 trillion, down 16.3% QoQ.

🚀 Solana leads on-chain DEX trading

Accounting for 39.6% of total DEX trading volume.

Market share peaked at 52% in January.

📉 Total value locked (TVL) in DeFi drops significantly

Down 27.5% to $128.6 billion.

Ethereum loses 35.4% of TVL, down to 56.6% dominance.

Conclusion: Q1 2025 is a bear market for the crypto market. Bitcoin is holding strong, while Ethereum and altcoins suffer heavy losses, meme coins plummet. Investors are turning to stablecoins and gold. 📉💰