比特幣（BTC）市值在第1季度2025年下跌-18.6％，表現不佳的黃金和美國國債

加密貨幣市場在2025年初遭受了挫折，與2024年底的瘋狂高點形成鮮明對比。

Cryptocurrency markets suffered a setback at the start of 2025, in stark contrast to the frenetic highs of late 2024. The total cryptocurrency market cap fell -18.6% in Q1 to close at $2.8 trillion, after briefly hitting $3.8 trillion on January 18th – just before Donald Trump’s inauguration. The decline was accompanied by a drop in investor activity, with average daily trading volume plunging -27.3% quarter-over-quarter to $146 billion.

加密貨幣市場在2025年初遭受了挫折，與2024年底的瘋狂高點形成鮮明對比。在第1季度的加密貨幣貨幣總上限下降了-18.6％，在1月18日在Donald Trump的3.8 Trillion上短暫地達到了Donald Trump的3.8 Triillion，就在Donald Trump的3.8 Triillion之後。下降伴隨著投資者活動的下降，平均每日交易量下降-27.3％，四分之一季度至1460億美元。

Meanwhile, Bitcoin (BTC) strengthened its dominance, reaching 59.1% at the end of the first quarter — its highest level since early 2021 — as altcoins bore the brunt of the decline. Although Bitcoin hit an all-time high of $106,182 in January, it had fallen back to $82,514 by the end of the quarter, a drop of -11.8%.

同時，比特幣（BTC）加強了其優勢，在第一季度末（自2021年初以來的最高水平）上達到了59.1％，因為Altcoins首當其衝。儘管比特幣在一月份達到了106,182美元的歷史最高點，但到本季度結束時，比特幣已降至82,514美元，下降了-11.8％。

Our comprehensive Q1 2025 Crypto Industry Report covers everything from an overview of the cryptocurrency market to analyzing Bitcoin and Ethereum, taking a deep dive into the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and reviewing the performance of centralized exchanges (CEX) and decentralized exchanges (DEX).

我們全面的第一季度2025年加密行業報告涵蓋了從加密貨幣市場的概述到分析比特幣和以太坊的所有內容，深入研究了分散的金融（DEFI）（DEFI）和不可感知的代幣（NFT）生態系統，並審查集中式交流（Cex）（Cex）和Dectralized Excentriped（Decentriped）（Dexriped）（Dexsriped）（Dexriped）（Dexsriped）（Dexsriped）（Dexsriped）（Dex）。

8 highlights from CoinGecko’s Q1 2025 Cryptocurrency Industry Report

8個Coingecko Q1 2025加密貨幣行業報告的亮點

1. Total cryptocurrency market cap fell -18.6% in Q1 2025, having previously hit a year-to-date high of $3.8 trillion

1。在2025年第1季度，加密貨幣市值下降了-18.6％，此前曾達到3.8萬億美元

The total cryptocurrency market capitalization fell by -18.6% (-$633.5 billion) to close at $2.8 trillion at the end of Q1 2025. The market hit a local high of $3.8 trillion on January 18, two days before Donald Trump’s inauguration. However, thereafter the market trended downwards for the rest of the quarter.

在2025年第1季度結束時，加密貨幣市值下降了-18.6％（6,335億美元），收於2.8萬億美元。該市場在1月18日的當地高價3.8萬億美元，距唐納德·特朗普就職兩天前兩天。但是，此後，市場在本季度的剩餘時間裡向下趨勢。