In the first quarter of 2025, the total capitalization of the cryptocurrency market decreased by 17%, dropping from $ 3.26 trillion to $ 2.68 trillion. This was largely due to the economic uncertainty caused by the announced customs measures of the Donald Trump administration, which caused investors to be cautious. Bitcoin BTC $83,781.35 Bitcoin -1.56% Market capitalization $1.66 trillion VOL. 24 hours $3.63 billion has lost 11% of its value since the beginning of the year, while Ethereum ETH $1,827.62 Bridged Ether (StarkGate) -3.23% Market capitalization $0.16 billion VOL. 24 hours $1.46 billion has fallen by 44%.
Large altcoins also found themselves in the fall zone: Solana SOL $119.14 Binance-Peg SOL -4.52% Market capitalization $0.13 billion VOL. 24 hours $0.89 billion , Dogecoin ADA $0.65 Cardano -2.48% Market capitalization $23.54 billion VOL. 24 hours $0.12 billion , and Cardano ADA $0.65 Cardano -2.48% Market capitalization $23.54 billion VOL. 24 hours $0.12 billion have all fallen in value by at least 20%. The reason for this market movement was, in particular, fears of new import duties on goods that could affect the overall economic climate in the United States.
Amid the general decline, some little-known tokens, on the contrary, showed significant growth. The Four (FORM) token, which belongs to a new GameFi network with the same name, grew the most — its price increased by more than 490% to reach $ 2.37. Interest in the asset was fueled by the launch of the Four. meme platform, an ecosystem for memecoins.
The second position in terms of growth was taken by the OM token from the MANTRA blockchain project, which rose by more than 65%, reaching a value of $ 6.31. Its market capitalization now exceeds $ 6 billion, and during the quarter it set a new price high of $ 9.04.
GateToken (GT), owned by the Gate. io crypto exchange, rounds out the top three. Its price increased by 34.86% in 2025, and in general, over the past 12 months, the token has doubled its value, raising its market capitalization to almost $ 2 billion. The success of lesser-known assets amid the fall of the flagships indicates a change in investors' interests and the search for new promising niches in the crypto market.