TradingKey - Bitcoin saw a significant drop of 10% in the first quarter of 2025. What’s next for its future?
Factors like Trump’s tariffs and geopolitical changes impacted Bitcoin (BTC)
. At the start of the year, it surged from $93,000 to around $110,000. Then, it fell sharply, hitting a low of $76,000. Over the past three months, Bitcoin has dropped about 10%, currently sitting at $84,296.
Bitcoin Price Trend Chart, Source: Google.
BitMEX co-founder Arthur Hayes states, "If my analysis is correct, Bitcoin hit a local low of $76,500 last month. Now, we’re moving toward $250,000 by year-end."
In contrast, Quinn Thompson, founder of cryptocurrency hedge fund Lekker Capital, predicts a drop below $60,000. In an interview with CoinDesk, he said, "Trump's policies may harm the U.S. economy in the next six to nine months. Risk assets like stocks and Bitcoin face major resistance. The crypto industry is unlikely to perform well this year, with Bitcoin expected to fall to between $50,000 and $59,999 by year-end."