The overall market capitalization of the virtual asset market, which was weak in the first quarter of this year, decreased by about 18%.

h accounts for about 60% of the total market capitalization of virtual assets, fell more than 10%.

The total market capitalization of virtual assets declined by about 18% in the first quarter of the year as weakness in the market continued.

Bitcoin, which accounts for about 60% of the total market capitalization of virtual assets, fell more than 10%.

Among the top 10 stocks by market capitalization, Ethereum and Dogecoin performed poorly, falling nearly 50%.

According to CoinMarketCap on the 1st, the market capitalization of virtual assets fell 17.85% from midnight on January 1 to 24:00 on March 31, the first quarter of the accord World Time (UTC).

The overall market capitalization, which reached $3.25 trillion, fell to $2.67 trillion.

Dogecoin fell the most among the top 10 market cap stocks excluding stablecoins.

Dogecoin plunged 47.26%.

Ethereum, which is called the "銀" of the virtual asset world, also fell 45.28%.

Ethereum's slump has been at a serious level recently.

ETH/BTC, the ratio of the price of Ethereum to Bitcoin, hit 0.2168 on the 30th, its lowest level since May 20, 2020.

This is because the decline in Ethereum prices has increased as Bitcoin plunged amid the long-term slump in Ethereum.

Solana, who was noted as a U.S. coin leader and benefited greatly from the election of U.S. President Donald Trump at the end of last year, returned all the gains since Trump took office and fell further than before the election.

Solana gained attention by rising 40.85% in November last year when Trump was elected, but now it is trading at $126 at the beginning of November, 25% lower than $168 each.

Cardano and Chainlink, which attracted attention as U.S. coins, also fell 21.68% and 32.52%, respectively, in the first quarter.

This is because Trump expected the U.S.-based coin to benefit greatly from the election of the U.S. president, but there has been no news yet that meets market expectations.

Rather, virtual assets are also suffering from weakness as Trump puts the global economy into crisis through a tariff war.

Meanwhile, the world's largest bitcoin-owned listed company strategy purchased 22,048 additional bitcoin.

Michael Saylor, chairman of Strategy, said on the 31st (local time) that Strategy spent $1.92 billion to purchase 22,048 additional Bitcoin.

Now Strategy has 528,185 Bitcoin holdings, with an overall reputation of $67,458 per unit.