CoinGecko Q1 Crypto Report Indicates Strong Market Performance Despite Volatility
The post CoinGecko Q1 Crypto Report Indicates Strong Market Performance Despite Volatility appeared on BitcoinEthereumNews.com.
CoinGecko, a leading autonomous crypto data aggregating platform, has recently released the latest report covering this year’s 1st quarter. CoinGecko’s 2025 Q1 Crypto Industry Report signifies a resilient performance throughout the first quarter amid the heightened volatility driven by political developments and macroeconomic factors. However, the cumulative drop in the total crypto market cap accounted for 18.6% in 2025’s 1st quarter, after the year-to-date high spot of $3.8T. In addition to the Q1 report, CoinGecko teased the next installment of its new monthly series, Bobby’s Crypto Aggregate, penned by industry expert Bobby. The upcoming article, set to release in early May, will dive into Bobby’s perspectives on current market conditions and future outlooks. Bitcoin Sees Meteoric Rise to $108,786 Apart from a 4.6% Upsurge in Market Dominance Bitcoin ($BTC) saw noteworthy fluctuations throughout 2025’s 1st quarter, led by the United States political environment. Donald Trump’s inauguration as the country’s 47th president triggered a significant reaction in Bitcoin’s price as it reached its latest all-time high of $108,786. Nonetheless, the market witnessed corrections, with the Bitcoin price settling above $100,000 for the rest of the quarter. Concurrently, Bitcoin secured a 4.6% increase in its market dominance, reaching 59.1% by the end of the quarter. Ethereum Records 3.9% Dip in Market Dominance In addition to this, Ethereum ($ETH) kept attracting the investor attention, especially in restaking operations. Platforms such as Eigenlayer reported growing participation, denoting an increasing trend to expand $ETH yields via restaking mechanisms. Nonetheless, Ethereum’s market dominance dipped by 3.9% during 2025 Q1 to reach 7.9%, which is the lowest level since 2019’s end. $TRUMP Secures 2nd Top Spot among Meme Coins with Market Cap Reaching $14.5B The quarter also recorded a spike in the activities surrounding meme coins, specifically with the release of $MELANIA and $TRUMP. $TRUMP’s market capitalization…
Filed under: News - @ April 16, 2025 2:28 pm