Bitcoin has faced a turbulent start to the year, recording a significant 22% decline in the first quarter. This sharp downturn has prompted market analysts to compare current conditions with the bearish cycle of 2018, raising questions about whether this will be the asset’s worst Q1 performance in years. The sell-off is largely attributed to a combination of macroeconomic headwinds, including rising interest rates, inflationary pressures, and a broader retreat from risk-on assets. While the 2018 crash saw even more dramatic losses, a double-digit decline of this magnitude marks a stark departure from the bullish momentum seen in previous quarters. Investors are now closely monitoring institutional flow and regulatory developments to determine if Bitcoin can stabilize or if further downside is expected as the quarter draws to a close.
Source: Bitcoin down 22%, could it be the worst Q1 since 2018?
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