Bitcoin and Ethereum Erase Q1 Losses With a 30% and 36% Gain in Q2 2025

Bitcoin and Ethereum both recorded their best quarterly performances since 2020 in the second quarter of 2025, with Bitcoin rising approximately 30% and Ethereum surging around 36%. The strong gains marked a major market recovery after both assets suffered significant losses in the first quarter, highlighting a year of high volatility for the crypto market.

A Weak Start Followed by a Strong Rebound

The first quarter of 2025 was marked by steep declines for both assets. Bitcoin fell by 11.82%, a sharp reversal from its strong 47.73% gain in the fourth quarter of 2024. Ethereum suffered an even steeper fall of 45.41%, its worst quarterly performance since the 2022 bear market. This downturn coincided with increased global uncertainties, including trade tensions and geopolitical conflicts that prompted a “risk-off” sentiment in speculative markets. 

However, the second quarter saw a decisive rebound. Ethereum recovered nearly 80% of its first-quarter losses, climbing back to the $2,800 price level after bottoming out near $1,400, while Bitcoin also advanced to close the quarter near six figures, maintaining its long-term upward trend.