Bitcoin and Stablecoins Surge as Traders Seek Safety Amid Market FUD
There has also been a resurgence of interest in stablecoins like USDC and USDT: From around 37% in January to almost 50% in March.
During the week of January 27, 2025, sales of Bitcoin increased by 13%, whilst Ethereum (ETH) and Solana (SOL) saw declines.
According to statistics released today by Mercuryo, a global payments infrastructure platform, traders have turned to the relative safety of bitcoin (BTC) and stablecoins this year as the fear of a global trade war and economic collapse is heightened by US President Donald Trump’s sweeping tariffs.
Although the cryptocurrency market started 2025 in a euphoric state, this was short-lived as the S&P 500 entered correction territory due to a worldwide stock market sell-off. A fresh sensation of Fear, Uncertainty, and Doubt (FUD) is engulfing cryptocurrency traders. According to statistics from CoinMarketCap, the overall market cap of the cryptocurrency industry fell 18% in 2025, from $3.25 trillion on January 1, 2025, to $2.67 trillion on April 3, 2025.
However, despite decreasing purchasing pressure for competing cryptocurrencies, demand for Bitcoin on the Mercuryo platform has remained strong. For instance, during the week of January 27, 2025, sales of Bitcoin increased by 13%, whilst Ethereum (ETH) and Solana (SOL) saw declines of 4% and 10%, respectively. Additionally, during the week of March 24, 2025, Bitcoin purchases increased by 8%, whilst Ethereum purchases saw a 20% weekly decline.
As the meme coin frenzy that swept the network in 2024 and the first few days of this year starts to subside, the flight to Bitcoin coincides with a decline in demand for SOL. For instance, during the week of February 24, 2025, Bitcoin purchases surged 47%, whilst SOL only saw a meager 9% increase.
There has also been a resurgence of interest in stablecoins like USD Coin (USDC) and Tether tokens (USDt): From around 37% in January to almost 50% in March, stablecoins accounted for a larger share of weekly transactions on the Mercuryo platform.
Greg Waisman, Chief Operating Officer at Mercuryo stated:
With a range of payment options and smooth on-chain integration, Bitcoin and Stablecoins Surge as Traders Seek Safety Amid Market FUD, Mercuryo is a pioneer and innovation in the rapidly evolving Web3 sector. For those who are new to the digital token arena, Mercuryo’s user-friendly solutions are making things easier. Mercuryo integrates many payment options into a single interface and specializes in efficient capital flow within the DeFi ecosystem.
In the rapidly evolving Web3 arena, Mercuryo is a pioneer and innovator that offers a range of payment options in addition to integrated on-chain capabilities. For those who are new to the digital token arena, Mercuryo’s user-friendly solutions are making things easier. With ambitions to grow even more as it keeps innovating with the stack of products, Mercuryo has been proudly collaborating with industry giants like MetaMask, Trust Wallet, Ledger, 1inch, PancakeSwap, and more since 2018.