Analyst: Bitcoin and Ethereum Set to See Worst Quarterly Performance in Years

BlockBeats News, March 26th, according to Cointelegraph, unless there is a sharp rebound in the next few days, Bitcoin and Ethereum are set to see their worst-performing first quarter in years.

Swyftx Chief Analyst Pav Hundal said that it is unlikely to see a "vertical rally" in the six days left before the end of the first quarter of 2025. Hundal stated that the crypto market will have "some blind flying" until mid-April, by which time the market should have a clearer idea of U.S. President Trump's tariff plans. "Economic data shows a strong global economic condition," he added.

According to CoinGlass data, Ethereum (ETH) has dropped by 37.98% in the first quarter of 2025 so far, marking its worst first quarter performance since 2018 (which saw a drop of 46.61%). Meanwhile, Bitcoin (BTC) has dropped by 6.49% this quarter so far, with the quarter ending on March 31st, marking its worst first quarter performance since 2020 (which saw a drop of 10.83%).