{"id":19087,"date":"2025-03-26T04:31:55","date_gmt":"2025-03-26T04:31:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19087"},"modified":"2025-03-26T04:31:55","modified_gmt":"2025-03-26T04:31:55","slug":"bitcoin-ethereum-to-end-q1-in-the-red-vertical-swing-up-unlikely","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19087","title":{"rendered":"Bitcoin, Ethereum to end Q1 in the red, \u2018vertical swing up\u2019 unlikely"},"content":{"rendered":"
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\"Bitcoin,<\/p>\n

Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days.<\/p>\n

Ether (ETH<\/a>) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according<\/a> to CoinGlass data. Meanwhile, Bitcoin (BTC<\/a>) is down 6.49% so far over the quarter, which is slated to end on March 31 \u2014 marking its worst Q1 performance since 2020, when it saw a 10.83% decline.\u00a0<\/p>\n

Crypto market unlikely to flash green before end quarter<\/h2>\n

Swyftx lead analyst Pav Hundal told Cointelegraph that a \u201cvertical swing up into the end of the quarter looks unlikely.\u201d\u00a0<\/p>\n

\"Cryptocurrencies,
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Ether has posted an average return of 78.23% in the first quarter of every year since 2017. Source: <\/em>CoinGlass<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Hundal said that the crypto market will be \u201cflying a little blind\u201d until the middle of April, when the broader market should have better clarity on US President Donald Trump\u2019s tariff plans.<\/p>\n

\u201cThe economic data shows a global economy in decent shape,\u201d he said.\u00a0<\/p>\n

Some analysts say it may only be a matter of weeks after that before Bitcoin sees its next significant rally.<\/p>\n

Crypto commentator Colin Talks Crypto said<\/a> in a March 19 X post that Bitcoin may begin its \u201cnext major blast-off\u201d around April 30. Meanwhile, Swan Bitcoin CEO Cory Klippsten<\/a> said earlier this month that there\u2019s more than a 50% chance Bitcoin will hit all-time highs before the end of June.<\/p>\n

The first quarter has historically been Ether\u2019s strongest and Bitcoin\u2019s second-best. Since 2017, Ether has averaged a 78.23% gain in Q1, while Bitcoin has seen an average return of 51.62% since 2013.<\/p>\n

At the time of publication, Bitcoin is trading at $87,558, while Ether is trading at $2,059, up 5.08% and 5.88% over the past 24 hours, respectively.<\/p>\n

Meanwhile, the ETH\/BTC ratio \u2014 showing Ether\u2019s relative strength to Bitcoin \u2014 is at its lowest point since May 2020, sitting at 0.2348, according<\/a> to TradingView data.<\/p>\n

\"Cryptocurrencies,
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The ETH\/BTC ratio is sitting at 0.02348 at the time of publication. Source: <\/em>TradingView<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

The rest of the crypto market has followed the downtrend of the two largest cryptocurrencies by market cap, with the entire crypto market capitalization declining 11.65% since Jan. 1, sitting at $2.88 trillion at the time of publication, according<\/a> to CoinMarketCap data.<\/p>\n

Related: <\/strong><\/em>Bitcoin price has 75% chance of hitting new highs in 2025 \u2014 Analyst<\/strong><\/em><\/a><\/p>\n

While many in the crypto industry were highly optimistic going into Q1 2025 following a strong end to 2024 after Bitcoin tapped $100,000 for the first time after Trump\u2019s November election win, unexpected macroeconomic conditions were largely to blame for the crypto market\u2019s downturn at the beginning of February.<\/p>\n

After Bitcoin retraced below $100,000 in February, amid Trump\u2019s imposed tariffs and uncertainty around the future of the US federal interest rate, the broader market sentiment turned fearful. The sentiment-tracking Crypto Fear & Greed Index<\/a> was reading a \u201cNeutral\u201d score of 47 as of March 26.<\/p>\n

Magazine: <\/strong><\/em>What are native rollups? Full guide to Ethereum\u2019s latest innovation<\/strong><\/em><\/a><\/p>\n

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n