Bitcoin Posts Worst Q1 in a Decade, Raising Questions About Where the Cycle Stands

BTC fell 11.7% in Q1 2025, its weakest first quarter since 2015, as investors sold into economic uncertainty.

Bitcoin has experienced its worst first quarter performance in ten years, dropping by 11.7% in Q1 of 2025. This decline occurred as investors reacted to economic uncertainties by selling off their holdings.

This lackluster start to the year has raised concerns about where Bitcoin's current cycle stands, echoing a similar situation seen back in 2015 following the collapse of Mt. Gox and a prolonged slump after the peak in 2013. NYDIG notes that despite this rocky start, Bitcoin prices managed to recover moderately throughout the rest of the year before experiencing a surge in 2016.

The market turbulence was exacerbated by Trump's announcement of reciprocal tariffs against numerous countries globally, causing a significant $5.4 trillion wipeout in the U.S. equities market over just two days. This led to the S&P 500 index plummeting to its lowest level in nearly a year and the Nasdaq 100 entering bear market territory. While Bitcoin has shown some resilience amidst these challenges, its performance post-Monday remains uncertain.