比特币（BTC）市值在第1季度2025年下跌-18.6％，表现不佳的黄金和美国国债

加密货币市场在2025年初遭受了挫折，与2024年底的疯狂高点形成鲜明对比。

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.

加密货币市场在2025年初遭受了挫折，与2024年底的疯狂高点形成鲜明对比。在第1季度的加密货币货币总上限下降了-18.6％，在1月18日在Donald Trump的3.8 Trillion上短暂地达到了Donald Trump的3.8 Triillion，就在Donald Trump的3.8 Triillion之后。下降伴随着投资者活动的下降，平均每日交易量下降-27.3％，四分之一季度至1460亿美元。

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%.

同时，比特币（BTC）加强了其优势，在第一季度末（自2021年初以来的最高水平）上达到了59.1％，因为Altcoins首当其冲。尽管比特币在一月份达到了106,182美元的历史最高点，但到本季度结束时，比特币已降至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).

我们全面的第一季度2025年加密行业报告涵盖了从加密货币市场的概述到分析比特币和以太坊的所有内容，深入研究了分散的金融（DEFI）（DEFI）和不可感知的代币（NFT）生态系统，并审查集中式交流（Cex）（Cex）和Dectralized Excentriped（Decentriped）（Dexriped）（Dexsriped）（Dexriped）（Dexsriped）（Dexsriped）（Dexsriped）（Dex）。

8 highlights from CoinGecko’s Q1 2025 Cryptocurrency Industry Report

8个Coingecko Q1 2025加密货币行业报告的亮点

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，加密货币市值下降了-18.6％，此前曾达到3.8万亿美元

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季度结束时，加密货币市值下降了-18.6％（6,335亿美元），收于2.8万亿美元。该市场在1月18日的当地高价3.8万亿美元，距唐纳德·特朗普就职两天前两天。但是，此后，市场在本季度的剩余时间里向下趋势。