Most digital assets lost value in the first quarter of 2025, with the market cap-weighted Crypto Sectors index dropping by 18%. 

The Consumer & Culture sector was hit hardest due to falling memecoin prices, while Bitcoin and a few major currencies held relatively steady or gained slightly.

Most digital assets lost value in the first quarter of 2025, with the market cap-weighted Crypto Sectors index dropping by 18%. 

The Consumer & Culture sector was hit hardest due to falling memecoin prices, while Bitcoin and a few major currencies held relatively steady or gained slightly.

https://research.grayscale.com/market-commentary/grayscale-research-insights-crypto-sectors-in-q2-2025