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

On March 26th, as per Cointelegraph, barring a significant rebound in the coming few days, Bitcoin and Ethereum are likely to experience their worst-performing first quarter in years. Swyftx's Chief Analyst Pav Hundal remarked that it is improbable to witness a "vertical rally" within the remaining six days before the end of the first quarter of 2025. Hundal stated that the crypto market will engage in "some blind flying" until mid-April, by which time the market should have a more defined understanding of President Trump's tariff plans. "Economic data indicates a robust global economic situation," he further added. According to CoinGlass data, Ethereum (ETH) has decreased by 37.98% in the first quarter of 2025 thus far, marking its worst first-quarter performance since 2018 (when it witnessed a drop of 46.61%). Meanwhile, Bitcoin (BTC) has declined by 6.49% this quarter so far, with the quarter ending on March 31st, representing its worst first-quarter performance since 2020 (which saw a drop of 10.83%).