Bitcoin News: Cryptocurrency Faces Tough Q1, US Stocks Also Decline

US Stocks Fall Back into Correction Territory, Bitcoin Posts Worst Q1 Since 2018

In a fitting end to a rocky first quarter, US stocks fell back into correction territory Monday. The S&P 500 was trading 0.2% lower at 2 pm ET, marking a 4.8% decline since the start of 2025. The Nasdaq Composite is set to close out Q1 nearly 12% lower, its worst performance since 2020. Gold had a bright spot, poised for its best quarter since 1986 due to the Trump tariff-induced trade war. However, Bitcoin is on track to finish its worst Q1 since 2018, suggesting that the narrative of bitcoin as a safe-haven asset has not taken hold.

Could USD Lose to BTC? BlackRock’s Fink Mentions Bitcoin Seven Times in 2025 Letter

BlackRock CEO Larry Fink has mentioned Bitcoin seven times in his 2025 letter to investors, highlighting the success of the firm’s Bitcoin ETF (IBIT) which has seen net inflows of $40 billion, with more than half of the demand coming from retail investors. Fink previously mentioned Bitcoin in his 2024 letter when discussing the launch of the ETF, which aimed to bring better liquidity and price discovery to more opaque markets.

Bitcoin Price Nears Key Buy Zone as Stablecoin Ratio Channel Flash Opportunity

The Stablecoin Ratio Channel is currently at historic buy zones, suggesting a rising accumulation potential for Bitcoin. The Stablecoin Supply Ratio, which compares Bitcoin’s market cap to the total market cap of stablecoins, is indicating that there is a significant amount of stablecoins relative to Bitcoin, implying buying power is on the sidelines. This, coupled with the growth in stablecoin market cap, suggests that capital is remaining in the crypto market and could fuel the next breakout for Bitcoin’s price as it consolidates.

Trump Sons to Lead New Bitcoin Mining Venture with Hut 8 Partnership

The Trump family has expanded its crypto ventures by securing a 20% stake in American Bitcoin, a new Bitcoin mining operation majority-owned (80%) by Hut 8 Mining Corp. Hut 8 transferred 61,000 mining units to American Bitcoin to expand global operations. The venture is backed by Donald Trump Jr. and Eric Trump, who will hold a significant stake in the new company. This marks a further expansion of the Trump family’s business portfolio in the crypto sector, which now includes mining, stablecoins, and DeFi projects.

Bitcoin Outperforms S&P 500 and Gold Since Election Day

Bitcoin (BTC) has beaten the S&P 500 and gold since Election Day, despite a nearly 12% decline in the first quarter to $82,683.16. Gold hit a new all-time high of over $3100, up by nearly 14% since Nov. 5, while the S&P 500 is down by roughly 3% in the same period. BTC has soared by 22% from its Election Day opening price of $67,823.49. The Bitfinex Alpha report noted that Bitcoin’s price slid in Q1 due to a ’sell-the-news’ dynamic and the lack of tangible regulatory progress after President Trump took office. Tight liquidity conditions also continue to shape market conditions.