Bitcoin and Ethereum finished the first quarter of 2025 with a noticeable decline, dropping by 11.82% and 45.41% respectively. According to CoinGlass, this is the worst performance for both cryptocurrencies in the last seven years.
This is reported by Finway
During the first three months of the year, both assets had positive momentum in 2023 and 2024, with Bitcoin increasing by 71.77% and 68.68%, while Ethereum rose by 52.15% and 59.66%. Historically, the first quarter has always been a period of uncertainty for Bitcoin, which has ended the quarter in the “red zone” seven times in 13 years, while Ethereum has closed the quarter in the “green zone” six times out of nine during the same period.
Price Dynamics in March 2025
As for March 2025, Bitcoin experienced a decline of 2.3%, marking its first negative performance since 2021. At the time of this writing, Bitcoin was attempting to stabilize above the $83,500 mark, while Ethereum was trading near $1860.
“It is worth noting that earlier at Bitfinex, it was predicted that the peak of the ‘bull market’ would occur in Q3-Q4 of 2025, and Bitcoin could rise to $200,000,” said Matthew Sigel, head of digital asset research at VanEck.
Future Outlook
It is important to highlight that according to forecasts, Bitcoin has every chance of recovering after this declining quarter, with the potential to revisit its historical high in Q1-Q2 of 2025.