According to Ai 姨 (@ai_9684xtpa), the total cryptocurrency market cap declined by 18.6% in Q1 2025, marking a significant downturn. Bitcoin's market dominance increased to 59.1%, reinforcing its leading position. Ethereum saw a retracement of all gains made in 2024, with its price falling from $3,336 to $1,805. Centralized exchange (CEX) spot trading volumes decreased by 16.3% quarter-on-quarter, yet Binance maintained a market share of 40.7%. The multi-chain DeFi total value locked (TVL) evaporated by $48.9 billion, a 27.5% decrease.