Crypto market cap fell more than 18% in Q1, wiping out $633.5 billion after Trump’s inauguration top
- CoinGecko Q1 Crypto Industry Report highlights that the total crypto capitalization market fell by more than 18% in the first quarter.
- This decline was accompanied by a drop in investor activity, with average daily trading volumes plunging 27.3% quarter-on-quarter.
- Bitcoin fell by 11.8% in the same period, but its dominance increased, and it was outperformed by Gold and US Treasuries.
CoinGecko’s Q1 Crypto Industry Report highlights that the total crypto market capitalization fell by 18.6% in the first quarter, wiping out $633.5 billion after topping on January 18, just a couple of days ahead of US President Donald Trump’s inauguration. This decline was accompanied by a drop in investor activity, with average daily…
