Cryptocurrency Performance in Q1: Trends and Insights

This quarter's digital asset review highlights the impact of global events and economic policies on cryptocurrency performance. Joshua de Vos from CoinDesk analyzes the trends, including shifting institutional demand and new regulatory developments that could influence Q2. The CoinDesk 20 Index fell 27.4% to 1,952, while bitcoin declined 22.1% to $68,228. However, the return of positive net inflows in March and increased regulatory clarity suggest a more stable foundation for the next quarter. Key factors to watch in Q2 include the trajectory of the Middle East conflict and the Federal Reserve's response to inflation data. With a more supportive regulatory environment and deepening institutional product suite, the structural foundation for digital assets is more durable than in previous cycles.