Cryptocurrency Performance in Q1: A Review of Market Trends and Outlook
This quarter's cryptocurrency market was marked by significant declines, with the CoinDesk 20 Index falling 27.4% and bitcoin dropping 22.1%. However, a notable shift occurred in the quarter's second half, with bitcoin returning 3.54% as geopolitical tensions escalated, outperforming the S&P 500 and Nasdaq. Institutional flows also saw a recovery in March, with $1.32B in inflows, suggesting a reb…