By James Van Straten (All times ET unless indicated otherwise)
With just over a week to go until the end of March, the first quarter has been disappointing, particularly in terms of price action rather than narrative for the crypto industry.
Bitcoin (BTC) has dropped 10%, its worst first-quarter performance since 2020, and ether (ETH) has posted its weakest first quarter since inception. So far, bitcoin has been relatively steady in March.
Markets remain in the latter stages of President Donald Trump’s first 100 days in office, a period historically marked by uncertainty and volatility. This is expected to persist at least through the end of April.
As quarter-end approaches, negative liquidity and position management could lead to increased volatility and whipsaw price action, according to the London Crypto Club, founders of a trading newsletter.
Despite short-term weakness, the pair maintain a bullish outlook heading into the second…
