NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Another Magical Q2 for Bitcoin Ends in the Green, BTC Up Almost 50%

Priyeshu Garg
Priyeshu Garg
1 year ago
2 mins read
bitcoin price

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Despite major volatility caused by the halving, Bitcoin has ended yet another Q2 in the green. After showing poor performance in Q1 being down 10% QoQ, Bitcoin closed the year’s second quarter with a price increase of 48.56 percent.

Bitcoin Finally Gets Out Q1 Rut

The economic downturn caused by the COVID-19 pandemic has left the crypto industry in shambles in the first three months of the year, losing over $74 billion in market cap in a single week.

The first quarter of the year was the third consecutive negative quarter Bitcoin has seen since 2015, ending it with a 10.58% loss when compared to the fourth quarter of 2019.

However, it seems that the volatility many predicted would cause an even worse performance in Q2 didn’t hit as hard, as Bitcoin closed the second quarter of the year with a significant gain.

According to data from cryptocurrency tracking and analysis company Skew, Bitcoin ended the quarter with a 48.58% gain compared to the previous quarter.

Historically, Bitcoin has had only one negative return in the second quarter of the year since 2014— in Q2 2018 which was a mere 6.7%.

The average return of investing in Bitcoin from 2014 in Q2 only is nearly 60% while the returns are abysmally low for Q3 at less than 1 %.

Table showing the quarterly returns for Bitcoin from 2014 to 2020. (Source: Skew)

Q2 Success Doesn’t Mean Bitcoin is Out of the Bear Phase

While Bitcoin’s price has, despite bouts of volatility, been growing in the past quarter, the world’s largest cryptocurrency still has a long way to go before it breaks through some major resistance levels that are still holding it in a bear market.

An attempt to break through the $10,000 barrier proved unsuccessful last week, when the closest Bitcoin got to the mark was the several hours it spent at $9,700.

As of press time, it seems that the world’s largest cryptocurrency has established solid support at $9,500. If the trend of massive jumps followed by a consolidation phase continues in the next few days, we might see Bitcoin establish support at a higher level.

However, the upward momentum might not last that long if Bitcoin continues to repeat its previous quarterly performance.

Historically, BTC has seen a poor performance in third quarters of the year, with the only positive return being in Q3 2017.

Featured Image from Shutterstock
Tweet123Share196ShareSend
Priyeshu Garg
Priyeshu Garg

Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He built his first digital marketing startup as a teenager and worked with multiple Fortune 500 companies. He's an alumnus from mass-transit app Ola and holds a degree in computer science engineering. He likes to write bots in his free time.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin koers geprogrammeerd voor nieuwe all-time high - gaat DOGE naar 1 dollar dit jaar?

Dogecoin koers geprogrammeerd voor nieuwe all-time high – gaat DOGE naar 1 dollar dit jaar?

De Dogecoin koers heeft sinds zijn piek van december 2024 een daling ervaren van bijna 70%. Dat heeft een situatie...

Lars Diederiksen 1 hour ago
Crypto Startups Raise $1.15B Last Month: Will Crypto ICOs like $BTCBULL Explode?

Crypto Startups Raise $1.15B Last Month: Will Crypto ICOs like $BTCBULL Take Off Next?

June was a strong month for the crypto and Web3 sectors, with related startups successfully raising a collective $1.15B across...

benw 1 hour ago
Bitcoin

Expert Explains Why Bitcoin Remains Stuck Below $120,000 Despite Wall Street’s Billions

As Bitcoin (BTC) experiences another dip, falling 5% below its record high of $111,800 reached during May’s crypto rally, analysts...

Ronaldo Marquez 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana (SOL) a un Bivio — Rimbalzo Probabile se i 142$ Tengono

clararosati 7 minutes ago
Bitcoin price news

Bitcoin Seasonality: Why Summer 2025 Will Catch Everyone Off Guard

Jake Simmons 43 minutes ago

Solaxy登陸MEXC及多家中心化交易所 24小時內暴漲127%!

estherw 33 minutes ago

Premium Sponsors

Press Releases

  • Fartcoin Đã Quá Trễ Để Mua Ở Mức Vốn Hóa $1...

    38 minutes ago
  • 2025년 솔라나 밈코인 추천 - 솔라나 밈코인 순위 TOP 4

    Các Đồng Coin Tiềm Năng Sẽ Bùng Nổ Đầu Quý...

    52 minutes ago
  • A legjobb kriptovalutákat keresed 2025-re? Íme 4 top választás a portfóliódhoz

    A legjobb kriptovalutákat keresed 2025-re? Íme 4 top...

    2 hours ago
  • Best Crypto to Buy Now as Crypto Market Shifts Bullish. Could Altcoins Rally?

    Các Altcoin Đang Giảm Giá Nên Mua Ngay: XRP...

    2 hours ago
  • Търсите най-добрите...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.