Bitcoin Dominates Crypto Market In Q1 2025 As Ethereum And Altcoins Struggle
- Bitcoin dominance reached 59.1% in Q1 2025, marking a significant market shift.
- Ethereum fell 45.3% in Q1 2025, erasing all 2024 gains amid market turmoil.
- Q1 2025 saw $633.5B wiped from total crypto market cap, down 18.6% from January.
The cryptocurrency market showed a substantial drop in value during the first quarter of 2025 following the positive outlook of late 2024. According to data from CoinGecko’s 2025 Q1 Report the total market capitalization dropped 18.6% from its mid-January peak value of $3.8 trillion to $2.8 trillion. The market faced a reversal demonstrating a contrast from the time preceding Donald Trump’s presidential inauguration. According to market statistics, the average daily trading volume…
