Bitcoin opens the third quarter in an historical red zone after rare losing first half
CoinDesk 2026-07-01 12:30:19
Context: Bitcoin has started the third quarter of 2026 in a historically precarious position, having declined in both the first and second quarters of the year. This rare occurrence has happened only three times, with the previous instances being in 2018 and 2022. In those earlier instances, the cryptocurrency's performance in the second half of the year did not improve.
Key Facts
- Bitcoin fell in both the first and second quarters of 2026, marking only the third time it has opened a year with declines in the first two quarters.
- The previous instances of Bitcoin experiencing declines in the first two quarters of a year were in 2018 and 2022.
- In the two earlier instances, 2018 and 2022, the second half of the year brought no rescue, implying that the declines continued or persisted.