3-4-2025 – The cryptocurrency sphere has witnessed a significant contraction, with its collective market capitalisation dipping beneath the $2.75 trillion threshold, as revealed by CoinGecko’s latest market analytics.
The downturn, which manifested over a mere 24-hour period, saw the global cryptocurrency valuation settle at $2.747 trillion, reflecting a sharp 4.6% erosion of market value. This decline paints a stark picture of the sector’s volatility and its susceptibility to broader economic influences.
The timing of this market adjustment proves particularly noteworthy when viewed against the backdrop of recent American political developments. Cast against the day of Donald Trump’s second presidential inauguration on 20th January, when digital assets commanded a formidable $3.621 trillion valuation, the market has since shed a substantial $874 billion.
This considerable reduction in market capitalisation, as tracked by BlockBeats, underscores the intricate relationship between political transitions and cryptocurrency market dynamics, whilst highlighting the sector’s ongoing maturation process amidst institutional and regulatory developments.
