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mit salim
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However, Q1 began with
optimism
following the results of the US presidential election.
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#CryptoSecurity101 Bitcoin’s price at the end of the Q1 was around US$80,000, while Ethereum — which has struggled to retake US$2,000 after dipping below that threshold mid-March — closed at around US$1,800.
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#TradingPairs101 Crypto positivity was also reflected in options trading, where open interest outpaced the Bitcoin spot price.
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#CryptoFees101 President Donald Trump's anticipated crypto-friendly policies initially boosted sentiment, and Bitcoin rose to its current all-time high of US$108,786 on January 20, the day he was inaugurated
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$USDC Bitcoin, the bellwether of the sector world, suffered its worst first quarter performance in seven years, characterized by significant volatility and a prevailing downward trend. The top cryptocurrency's lackluster movement was similar to price activity seen from other major coins, such as Ethereum, which also recorded substantial losses
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