Crypto Market Drops $633B in Q1 2025 as Bitcoin Dominates

Crypto Market Drops $633B in Q1 2025 as Bitcoin Dominates
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

The crypto market faced a turbulent start to 2025, with an $633 billion decline in Q1 despite Bitcoin’s dominance. While BTC outperformed the Nasdaq, it lagged behind gold and US treasuries. Memecoins and DeFi also saw significant downturns amid market volatility.

  • Bitcoin's market dominance rose to 59.1%, its highest since 2021, but it underperformed gold (+18%) and US treasuries.
  • The LIBRA scandal led to a 94% crash in the token, wiping out $4 billion in memecoin market cap and reducing new token launches by 56.3%.
  • CEX trading volume fell 16.3%, with Binance retaining a 40.7% share, while Solana dominated DEX volumes before slipping in Q1.
Notifications 0