Bitcoin posts worst quarterly loss since 2018, down over 22% in Q4

Bitcoin has fallen more than 22% in the fourth quarter of this year, marking its largest quarterly decline since 2018, CoinDesk reported, citing data from CoinGlass. According to the data, Bitcoin's return for the fourth quarter stands at -22%, its weakest quarterly performance on record. Alex Kuptsikevich, an analyst at FxPro, commented that the recent rise in BTC is merely a technical rebound and not a genuine recovery. He noted that while attempts to recoup year-to-date losses are ongoing, the optimism from the first half of the year has been replaced by disappointment. Kuptsikevich cautioned investors against over-interpreting short-term upward momentum.