Overview
- CoinGlass data shows Bitcoin fell 23.21% in Q1 2026 and Ethereum declined 32.17%, both well below their historical first-quarter averages.
- The quarter ranks as Bitcoin’s third-worst Q1 since 2013 and Ethereum’s third-worst Q1 since 2016.
- Market analyst CryptoTice reported roughly $1.8 billion in aggressive sell orders hitting derivatives books within a single hour.
- Bitcoin has retreated about 48% from its October 2025 all-time high near $126,080 to roughly $66,000.
- The drop follows a -23.07% Q4 2025 result, marking back-to-back quarterly losses and signaling a risk-off, liquidity-constrained market.