Odaily Planet Daily reports that data shows Bitcoin has declined 22.3% since the beginning of the year, potentially marking the worst first quarter performance since 2018, when the first quarter dropped 49.7%. Bitcoin’s trading price at the start of the year was approximately $87,700, and it has now fallen about $20,000 to around $68,000. Additionally, Bitcoin may experience its first consecutive declines in January and February.
Analyst Daan Trades Crypto posted on the X platform that the first quarter is known for its volatility, and based on historical price trends, what happens in the first quarter usually does not carry over into subsequent periods.
Nick Ruck, Director of LVRG Research, stated that the continued decline in Bitcoin’s price reflects a normal correction phase rather than a structural collapse of the asset’s long-term trajectory. Historical patterns show that Bitcoin’s resilience often leads to strong recoveries in the following months.
ETH has fallen 34.3% so far this quarter. Bitcoin has dropped 2.3% in the past 24 hours, with a trading price of $68,670.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Grayscale withdrew 11,169 ETH and 150.4 BTC from a certain CEX, totaling approximately $32.93 million
Gate News message, April 3, Grayscale withdrew 11,169 ETH (about $22.86 million) and 150.4 BTC (about $10.07 million) from a certain CEX, totaling approximately $32.93 million.
GateNews10m ago
Circle launches a tokenized Bitcoin product called cirBTC, targeting the institutional market
Circle announced the launch of Circle Wrapped Bitcoin (cirBTC), a tokenized bitcoin product backed 1:1 by BTC. It is designed for institutional markets, supports on-chain real-time verification, and is suitable for institutional use cases, with plans to expand to multiple chains in the future.
GateNews20m ago
Bitcoin at risk of fresh lows until $76K holds as support
Bitcoin has stubbornly maintained a 60,000 to 73,000 USD trading band as macro headwinds intensify. Oil prices hover at levels not seen since 2008, geopolitical tensions flare across the US, Israel and Iran, and stock markets remain volatile after a choppy start to the year. In this environment,
CryptoBreaking29m ago
Bitcoin miner MARA laid off about 15%, a strategic transition into an energy and digital infrastructure company
One of the largest Bitcoin mining companies in the world, MARA, will lay off about 15% of its employees. The CEO said this is part of the company’s strategic transformation as it moves into the energy and AI sectors. MARA is also selling Bitcoin to repay its debts, and it expects a net loss of $1.3 billion in 2025. Affected employees will receive corresponding compensation.
GateNews30m ago
From Ethereum Knowledge Into Opportunity: Bitcoin Everlight App Now Offering 21% APY Rewards
In early 2026, Ethereum staking continues to expand despite the sustained turbulence in prices across the broader cryptocurrency market. Participation in protocol staking remains high even as the returns compress. This reinforces Ethereum’s role as one of the core infrastructure assets while
CryptoPotato1h ago
