
{"id":57134,"date":"2025-04-06T09:30:44","date_gmt":"2025-04-06T09:30:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57134"},"modified":"2025-04-06T09:30:44","modified_gmt":"2025-04-06T09:30:44","slug":"ethereum-tanks-nearly-50-as-bitcoin-holds-stronger-in-q1","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57134","title":{"rendered":"Ethereum Tanks Nearly 50% As Bitcoin Holds Stronger In Q1"},"content":{"rendered":"<p>Ethereum and <a href=\"https:\/\/www.newsbtc.com\/crypto\/crypto-fear-greed-bitcoin-price\/\" target=\"_blank\" rel=\"noopener\">Bitcoin went through<\/a> very different trajectories in the first quarter of 2025, and the divergence could not be more obvious. According to <a href=\"https:\/\/x.com\/intotheblock\/status\/1908535349208379769\" target=\"_blank\" rel=\"noopener\">data from <\/a>on-chain analytics firm IntoTheBlock, Ethereum underperformed significantly, dropping nearly 50% in value over the past three months. <\/p>\n<p>Bitcoin, though also correcting, saw a smaller decline below 15%. This reflects a broader trend in the crypto market where inflows and interest went toward Bitcoin and a few altcoins, leaving Ethereum struggling to regain momentum.<\/p>\n<h2>Ethereum\u2019s Underperformance Vs. Bitcoin In Q1<\/h2>\n<p>Bitcoin began Q1 on a notably bullish trajectory due to increasing institutional interest and strong inflows into Spot Bitcoin ETFs, a combination which pushed the price to a new all-time high of $108,786 on January 20. This price marked the peak of a steady upward movement that has placed Bitcoin firmly in the spotlight since October 2023.\u00a0<\/p>\n<p>However, a pronounced downtrend followed this peak, particularly in March, when the Bitcoin price dipped below $80,000 for the first time since November 2024. An<a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-is-now-undervalued\/\" target=\"_blank\" rel=\"noopener\"> already struggling Ethereum price<\/a> fared much worse and broke below a strong support of $1,900.<\/p>\n<p>Bitcoin <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoins-bullish-fate-hinges-on-these-2-resistance-zones-details\/\" target=\"_blank\" rel=\"noopener\">has shown resilience<\/a> since this break, bouncing back above $83,000 and even recently touching $87,000. On the other hand, Ethereum continues to trade below $1,900 and is now <a href=\"https:\/\/bitcoinist.com\/ethereum-whales-dump-500000-eth-in-48-hours-on-chain-data\/\" target=\"_blank\" rel=\"noopener\">at risk of losing $1,800<\/a> and breaking below. <\/p>\n<p>According to data from Cryptorank, Ethereum closed Q1 2025 with a 45.3% decrease from its quarterly open. This marks the second-worst Q1 performance for Ethereum, behind a 47.5% decline in Q1 2018. Bitcoin, on the other hand, ended Q1 2025 with an 11.7% decrease from its opening price.<\/p>\n\n<p>Image <a href=\"https:\/\/x.com\/intotheblock\/status\/1908535349208379769\" target=\"_blank\" rel=\"noopener\">From X: IntoTheBlock<\/a><\/p>\n<h2>Ethereum Price Direction: $1,800 On Crosshairs With Cautious Bullishness<\/h2>\n<p>Ethereum\u2019s decline has been amplified by a visible drop in trading interest and inflows even in Spot Ethereum ETFs. Most of the attention has been on Bitcoin, with Solana, Dogecoin, and XRP <a href=\"https:\/\/www.newsbtc.com\/altcoin\/ethereum-solana-and-cardano-trend-after-crypto-crash-heres-what-you-should-know\/\" target=\"_blank\" rel=\"noopener\">taking the most <\/a>significant share of interest in the altcoin market.\u00a0<\/p>\n<p>Nonetheless, many crypto analysts are still bullish on Ethereum and are on the outlook of a bounce as it is now <a href=\"https:\/\/bitcoinist.com\/ethereum-price-nearing-a-bottom-bullish-divergence\/\" target=\"_blank\" rel=\"noopener\">nearing a bottom<\/a> around $1,800. <a href=\"https:\/\/x.com\/CryptooELITES\/status\/1908581401152102483\" target=\"_blank\" rel=\"noopener\">According to <\/a>a crypto analyst (@CryptoELlTES ) on social media platform X, Ethereum at $1,800 is the bottom. <\/p>\n<p>This outlook is based on this level, which acted as resistance in the 2022 bear market and is expected to flip to become support. Another analyst (Crypto Fella) <a href=\"https:\/\/x.com\/CryptoFellaTx\/status\/1908499990143500579\" target=\"_blank\" rel=\"noopener\">noted that<\/a> a reversal at this point \u201cwould be very good for alts,\u201d suggesting a possible broader market recovery for altcoins if Ethereum finds solid footing here.<\/p>\n\n<p>Image <a href=\"https:\/\/x.com\/CryptooELITES\/status\/1908581401152102483\" target=\"_blank\" rel=\"noopener\">From X: @CryptoELlTES<\/a><\/p>\n<p>At the time of writing, Ethereum is trading at $1,803, down by $0.18% and 1.9% in the past 24 hours and seven days, respectively.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum and Bitcoin went through very different trajectories in the first quarter of 2025, and the divergence could not be more obvious. According to data from on-chain analytics firm IntoTheBlock, Ethereum underperformed significantly, dropping nearly 50% in value over the past three months. Bitcoin, though also correcting, saw a smaller decline below 15%. This reflects [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":57135,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57134"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57134"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57135"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}