BTC/USD: Bitcoin on Pace to Clock 10% Decline for First Quarter. What’s Ahead for Q2?

In the cards — crypto market outlook to hinge on White House guidance, especially the crypto working group’s policies. ✔️ Wrapping Up a QuarterBitcoin was slow to start this week’s trading (probably because the EU shifted one hour forward over the weekend?) with prices floating under the flatline around $82,000. Today’s session marks the final day of the first quarter — cheers to everyone who celebrates — and with that, the end of Bitcoin’s three-month performance. What happened over the quarter? Mostly disappointment. The White House failed to excite crypto traders despite hosting its and promising some big things for the industry. ❌ Bitcoin Set to Lose 10% in Q1Bitcoin is on track to wrap up the first quarter of 2025 with a loss of 10%. It opened for trading on January 1 with prices around $93,500 but has since lost roughly $12,000, marking lower lows to hit a two-week low today. Could’ve been worse — it hit a five-month low of $76,000 in mid-March, . Enough about what was — let’s move focus to what is and what’s coming. Big things ahead if the White House does indeed deliver on its lofty promises about growth, prosperity and broad business and user adoption. 👉 What to Look Out for in Q2?The White House’s has pledged to work toward expanding the industry’s footprint in the US through deregulation, pro-crypto policies and overall a warm approach to the industry compared to Joe Biden’s hard-line stance. Still, the second quarter comes with the threat of tariffs, which are in itself a threat to global trade as they carry the potential to derail economic growth, dent corporate revenues and profits and broadly knock consumer confidence.