Crypto Bear Market Wipes Out Almost Entire 2025 Value Increase

At its Oct. 6 peak, the total market value of all cryptocurrencies touched a record of nearly $4.4 trillion, but a 20% decline since then leaves asset class up a modest 2.5% for the year, according to CoinGecko data. President Donald Trump’s push to cement the US as the world’s crypto epicenter unleashed a wave of activity and sent Bitcoin climbing as much as 35%. In a sign of how quickly sentiment has reversed, the market value of digital assets is now lower than when Trump took office.