Summary
- It was stated that Bitcoin could regain bullish momentum in the second quarter.
- Interest rate cuts and regulatory easing are expected to encourage the inflow of investment funds into cryptocurrencies.
- Market conditions are pointing to a rebound in the second quarter, and the Federal Reserve's shift in monetary policy is expected to positively affect securing investment funds.
On the 24th (local time), the cryptocurrency-focused media outlet The Block reported that Bitcoin (BTC) could regain its bullish momentum in the second quarter.
The first quarter of this year recorded the worst quarterly price increase in five years due to uncertainties from U.S. tariffs, but there is an outlook that interest rate cuts and regulatory easing could encourage the inflow of investment funds into cryptocurrencies.
Aurelie Barthere, a senior research analyst at the cryptocurrency data analysis firm Nansen, predicted, "The Trump administration has recently shown a flexible attitude towards tariffs, and market volatility is expected to increase around April 2, when mutual tariffs are announced."
Rushi Manche, co-founder of Movement, stated, "The price drop in the first quarter is only temporary, and market conditions point to a rebound in the second quarter," adding that "the cryptocurrency market could secure investment funds due to the Federal Reserve's shift in monetary policy."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
