$ETH

CoinMarketCap's research division, CMC Research, projects potential recovery for Ethereum and continued resilience for Bitcoin in Q2 2025, despite both cryptocurrencies closing the first quarter in negative territory.`

Ethereum suffered a devastating Q1, plunging 43.85% in what CMC describes as its "steepest quarterly loss since 2018." This decline followed an overheated rally in late 2024 and was compounded by February's Bybit hack that resulted in approximately $1.5 billion in stolen ETH.

Source: According to CMC Q1 2025

Bitcoin showed comparative stability, ending Q1 down 10.52%, breaking its streak of strong first quarters seen in both 2023 and 2024.