In the first 6 months of 2025, the crypto market slightly increased by ~2% of total capitalization - fluctuated strongly in Q1, decreased by ~18%, then recovered by ~25% in Q2.

•Bitcoin continued to lead, increasing by 12–14%, from ~$95k to ~$108–112k, accounting for about 62–65% of the market share.

•Ethereum fluctuated strongly: plummeted by ~45% to ~$1.8k–2k in Q1, then recovered by ~36% to ~$2.5k thanks to Pectra upgrade and ETF inflows.

•Small altcoins decreased by ~25–30%, while stablecoins like USDT/USDC increased strongly, DeFi TVL stabilized at ~$112–151 billion. The market is gradually stabilizing, BTC plays the role of a "shelter", altcoins benefit slightly at the end of the period.