Analyst: Bitcoin and Ethereum may face their worst Q1 performance in years

2025-03-26 13:59:48

Collection

According to ChainCatcher, as reported by Cointelegraph, unless there is a significant rebound in the coming days, Bitcoin and Ethereum will face their worst first quarter in years.

Swyftx chief analyst Pav Hundal stated that the likelihood of a "vertical surge" occurring within the six days before the end of the first quarter of 2025 is low. Hundal mentioned that the crypto market will be "somewhat flying blind" until mid-April, when the market should have a clearer understanding of U.S. President Trump's tariff plans. "Economic data shows that the global economy is in good shape," he added.

According to CoinGlass data, Ethereum (ETH) has dropped 37.98% in the first quarter of 2025 so far, marking the worst first quarter since 2018 (when it plummeted 46.61%). Meanwhile, Bitcoin (BTC) has fallen 6.49% in this quarter so far, which will end on March 31, marking the worst first quarter since 2020 (when it dropped 10.83%).

(Source Link)

Related tags

Bitcoin Ethereum first quarter

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.