The cryptocurrency market experienced a substantial downturn in the first quarter of 2025, shedding over $4 trillion in value, before settling at roughly $2.8 trillion. Notably, Bitcoin’s dominance within the market increased to 59.1%, as investors sought refuge in the established cryptocurrency amidst the declining crypto market. Ethereum suffered a significant 45.3% drop, erasing its 2024 gains and reaching a value of around $1,805. This downturn, the largest since 2018 for Ethereum, saw meme coin sectors and centralized exchange trading volumes decline sharply. 27.5% of Decentralized Finance multi-chain TVL also experienced a drop. 27.5%. Solana continued to lead in decentralized exchanges, maintaining a market share of 39.6%, while DeFi multi-chain TVL declined by 27.5%. Despite the correction, Bitcoin’s resilience emerged as a key factor, potentially signaling a preference among investors for established cryptocurrencies like Bitcoin. 2024 gains were wiped away, and the market continued to fall. Solana maintained its dominance in decentralized exchanges, while DeFi multi-chain TVL declined by 27.5% this quarter. Bitcoin’s market share continues to rise as investors seek stability amidst volatility. However, the correction highlights the importance of adaptability and agility within a dynamic and volatile environment.