Cryptocurrency Market Research Report
In the first quarter of 2025, the total market value of cryptocurrencies fell sharply by 18.6%, resulting in a loss of up to $633.5 billion. As token prices declined, investor activity significantly decreased, with daily trading volume dropping by 27.3% compared to the end of 2024. Among them, the spot trading volume on centralized exchanges decreased by 16.3%, and analysts believe this is at least partly related to the hacking incident at Bybit exchange.
In the first quarter of 2025, Bitcoin's market dominance strengthened, accounting for 59.1% of the total market value of cryptocurrencies. Since 2021, Bitcoin has not reached such a high market share, demonstrating its stability relative to other cryptocurrencies.
However, Bitcoin's price also fell by 11.8%, performing worse than gold and U.S. Treasuries. The report also indicates that the losses for other cryptocurrencies were even more severe. All the gains accumulated by Ethereum in 2024 completely vanished in the first quarter of 2025, and the total locked value (TVL) of multi-chain DeFi also decreased by 27.5%.
In the first quarter of 2025, the total market value of cryptocurrencies fell sharply by 18.6%, resulting in a loss of up to $633.5 billion. As token prices declined, investor activity significantly decreased, with daily trading volume dropping by 27.3% compared to the end of 2024. Among them, the spot trading volume on centralized exchanges decreased by 16.3%, and analysts believe this is at least partly related to the hacking incident at Bybit exchange.
In the first quarter of 2025, Bitcoin's market dominance strengthened, accounting for 59.1% of the total market value of cryptocurrencies. Since 2021, Bitcoin has not reached such a high market share, demonstrating its stability relative to other cryptocurrencies.
However, Bitcoin's price also fell by 11.8%, performing worse than gold and U.S. Treasuries. The report also indicates that the losses for other cryptocurrencies were even more severe. All the gains accumulated by Ethereum in 2024 completely vanished in the first quarter of 2025, and the total locked value (TVL) of multi-chain DeFi also decreased by 27.5%.
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BTC
94,610.88
-0.01%