#BTCMove
In an unexpected shock, major cryptocurrencies suffered significant losses at the beginning of 2025, as Dogecoin, Bitcoin, and Solana experienced severe setbacks that shook investors' confidence in the market.
Dogecoin, which had started the year with a brilliant rise, going from $0.314 to $0.40 on January 7, suffered a sudden drop in just two days, returning to $0.314 and thus recording immediate losses. By January 9, it had stabilized at $0.318, but was still far from its previous peak.
As for Bitcoin, it was the cryptocurrency most affected by the general market decline. Its value fell from $100,000 on January 7 to $91,250 on January 9, before recovering slightly to $91,975. Despite this slight rebound, Bitcoin recorded a weekly decline of 3.5% amid concerns about a tightening of monetary policies in 2025 and a possible less significant reduction in interest rates.
For its part, Solana saw a significant decline of 11% this week, bringing its price to $184, its lowest level since the beginning of the year. Ethereum was not spared, losing about 8% of its value during the same period.
These significant declines reflect growing concern among investors, against a backdrop of global economic uncertainty and increased speculation about US economic policy, particularly with the possibility of Trump returning to power. Alongside these declines, there have been significant outflows from crypto-related exchange-traded funds. About $569 million was withdrawn from Bitcoin funds, while Ethereum funds saw outflows of $159 million on January 8, highlighting a loss of confidence in the stability of these assets in the short term.