Bitcoin and Ethereum Plunge Amidst Macro Uncertainty: Market Sentiment Remains Cautious

Bitcoin and Ethereum prices experienced a significant downturn at the end of Q1 2025, marking their worst performance since 2020. Market sentiment was weakened by macroeconomic uncertainty, with whales actively resisting price increases near crucial levels. Analysts attribute this bearish trend to ongoing macro pressures like rising tariffs and interest rate concerns, along with Bitcoin’s failure to maintain momentum from its recent surge towards $100,000 following Trump’s election win in November 2024.