Where Next for Bitcoin After Worst Quarter Since 2018?
WhatBitcoin suffered its worst quarter since 2018, declining significantly due to a combination of factors including war, tariffs, and a hawkish monetary policy stance.
WhyThe downturn was largely driven by a decrease in risk appetite as investors sought safer assets amidst global economic uncertainty.
SignalLate-quarter data suggests that the worst may have passed, with some indicators hinting at a potential recovery.
TargetBitcoin's next move will depend on various factors, including the trajectory of global economic indicators and the impact of monetary policy decisions.
RiskInvestors should remain cautious, as the cryptocurrency market remains highly volatile and susceptible to sudden shifts in sentiment.