Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up’ unlikely

Bitcoin (BTC) has decreased by 6.49% this quarter, while Ethereum (ETH) experienced a 37.98% decline, marking the worst Q1 for both cryptocurrencies in multiple years.

Analysts, including Pav Hundal from Swyftx, do not foresee a significant rally before the end of March due to uncertainties in the market, particularly regarding U.S. Tariffs and economic conditions.

The crypto market has seen an 11.65% drop in capitalization, sitting at approximately 2.88 trillion USD. Current sentiment indicates a ‘neutral’ status, reflecting investor anxiety.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts