The Worst Quarter of the Last 10 Years for Bitcoin: Will It Be a Disaster? - Coin Bulletin

While the Bitcoin price is experiencing the worst first quarter performance in the last 10 years, this may not turn into a disaster scenario for the rest of the year as it has in the past.

Bitcoin finished the first quarter of 2025 with a drop of 11.7%, marking its worst performance in the last 10 years. This highlights the difficulties faced by cryptocurrency markets as they try to understand the economic policies of the new administration.

The first quarter of 2025 saw Bitcoin recording one of its worst first-quarter performances in the last 15 years. According to NYDIG data, Bitcoin ranked 12th in this quarter. The follow-up question to this situation is a question often heard in the crypto world: "Has this cycle come to an end?" In 2015, Bitcoin had similarly poor performance in the first quarter following the Mt.Gox collapse after the 2013 peak. However, during that period, prices recovered in the later months of the year and began to rise again in 2016.

So what does this drop mean for Bitcoin?

Unlike similar situations in the past, Bitcoin is moving against a more complex macroeconomic backdrop this time. During Donald Trump's presidency, the cryptocurrency sector gained more regulatory clarity. However, recent trade wars and other economic developments have impacted global exchanges, leading to a major wave of selling. This creates uncertainty regarding Bitcoin's potential future.

However, when looking at historical data, it can be seen that Bitcoin has not always been dragged into disaster even when the first quarter of the year has ended negatively. According to data from NYDIG, there was a recovery in the remaining part of the year even during some negative first quarters in BTC's history. This situation leaves a confusing question mark about whether it is a dark period for Bitcoin.