Bitcoin ended March with a negative profit of 2.56%. But Altcoins have gone a bit far :)))
In the summary of Q1/2025, $BTC was down 12.06% and $ETH was down 45.41%. This is the second-highest negative quarter for $ETH since 2019, indicating that the performance of $ETH is alarming.
The reason for the price drop in Q1 of the market is due to the tax policy of President Trump, which has caused investors and institutions to become anxious and fearful that such harsh policies could lead to a recession.
Currently, the overall market shows that Altcoins have not yet shown signs of recovery after the Panic Sell at the beginning of February until now. The main reason is that the market has entered a phase of illiquidity, and most investors have become discouraged as there is no one willing to trade anymore.
Wishing everyone a productive Q2 and a swift return to shore 🚩