Bitcoin's 22% Bloodbath: Why the Worst Quarter Since 2018 Actually Matters
Bitcoin just posted its worst quarter since 2018, and nobody seems particularly alarmed. That's either a sign of maturity or delusion—and the answer determines everything.
⚡ Key Takeaways
- Bitcoin fell 22% in Q1 2026—its worst quarter since 2018—but institutions aren't panicking or fleeing 𝕏
- The collapse was macro-driven (Fed policy, war, tariffs), not structural; Bitcoin actually outperformed gold and equities during the Iran conflict 𝕏
- The rebound hinges entirely on two variables: Fed rate cuts (5% probability) and Middle East ceasefire (39% probability)—neither looks likely in the next few months 𝕏
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Originally reported by Decrypt