Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report
The cryptocurrency market experienced a significant decline in Q1 2025, losing nearly 20% of its value, dropping from $3.8 trillion to $2.8 trillion. Bitcoin's market share rose to nearly 60%, its highest in four years, despite a price drop from $106,182 to $82,514. Ethereum's price fell by 45%, reducing its market share to almost 8%, the lowest since late 2019. The meme coin sector suffered after the Libra token scam, leading to a 50% drop in new token launches. The DeFi sector also declined, with total investments decreasing by 27% to $48 billion and Ethereum's dominance falling to 56%. Stablecoins like Tether and USD Coin gained popularity as safer investments. Solana maintained a 39.6% share of DEX trading but began to lose ground by the end of the quarter. Overall, nearly $1 trillion in market value vanished within three months.
