Bitcoin Drops 23.8% in Q1 2026, Worst Start Since 2018

AirdropBlackHole · 2026-04-01T07:21:20+00:00

Bitcoin's price dropped 24% in Q1 2026, closing at $66,619, marking its largest quarterly decline since 2018. This 41.6% loss in six months reflects macroeconomic uncertainty and significant outflows from Bitcoin ETFs.

AirdropBlackHole

2026-04-01 07:21:20

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On April 1, according to Yahoo Finance, Bitcoin closed at $66,619 on Tuesday, down from an opening price of $87,508 on January 1, 2026. This quarterly decline is the largest since the first quarter of 2018, when Bitcoin fell from $14,112 to $6,973, a drop of 50%. The 24% decline this quarter continues the significant downturn from the fourth quarter of 2025, when its price slid 23% from $114,057 to $87,508. This means that in the past six months, the world’s largest cryptocurrency has lost approximately 41.6% of its market value. The entire cryptocurrency market has further retreated from its historical high in October 2025 amid escalating geopolitical tensions in the Middle East, dampening investor sentiment in both crypto and traditional stock markets. In addition to macroeconomic uncertainties, analysts have pointed out that the reversal of fund flows into U.S. Bitcoin exchange-traded funds (ETFs) has negatively impacted Bitcoin prices. According to SoSoValue data, there was a net outflow of $496.5 million from spot Bitcoin ETFs in the first quarter, with $1.8 billion flowing out in the first two months, partially offset by an inflow of $1.32 billion in March.

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