- Bitcoin hovers at $84k, after its worst quarter in three years.
- Ethereum has also struggled with downside pressure as it trades around $1.8k.
- What does the BTC and ETH price outlook mean for alt and meme coins, including Bitcoin Pepe?
The crypto market continues to experience turbulence, with major assets like Bitcoin (BTC) and Ethereum (ETH) seeing negative first-quarter returns for the first time in three years.
Meanwhile, the broader market has declined in tandem, with SOL among altcoins sharply falling in the January-March period.
As analysts highlight BTC and ETH price predictions, what does it look like for Bitcoin Pepe (BPEP), the meme project that’s currently the world’s only BTC meme ICO?
Why did Bitcoin struggle last quarter?
QCP Group has shared insights on the performance of Bitcoin and Ethereum in the past quarter, highlighting it as the worst for the sector in three years.
This performance is also seen in the equities market, with the S&P 500 having recorded its worst quarterly performance since 2022.
Overall, the downturn in risk asset markets has been driven by investor jitters over tariffs and inflation concerns.
Sell-off across crypto has also been massive following the parabolic run witnessed in 2024.
QCP Group noted on X:
Asia Colour – 1 Apr 25
1/ It’s no April Fool’s joke. $BTC, $ETH & the S&P 500 just posted their worst quarterly performance in 3 years. Over $160B in crypto market cap was wiped since Friday, as bullish momentum fades fast.
— QCP (@QCPgroup) April 1, 2025
BTC and ETH price predictions
While BTC price could still dip to retest levels in the $75k region, analysts say April has historically been a strong month for crypto.
Bitcoin could bounce higher and pull alts up with it.
One of the big-cap coins under massive pressure is Ethereum (ETH), which has broken below $2k and could test the $1.7k area.
Crypto analyst Ash Crypto says April and May have historically been bullish for ETH, with 20% and 30% returns, respectively, since Ethereum’s market debut.
If prices bounce, the analyst’s Ethereum price prediction is $3,000 by the end of May.
Analysts’ take on BTC and ETH is that in the short term, prices may fall to support – $75k and $1.7k respectively.
However, with Q2 largely positive, traders could see retests of $90k-$100 and $3k for BTC and Ethereum.
Solana price will target $200 in the short term and a new all-time high in a bull run.
Rekt Capital is watching the Bitcoin Dominance metric and says altseason could be in when BTC rejects the 70 mark.
BTC performance – what does it mean for Bitcoin Pepe?
Bitcoin Pepe (BPEP) is a project that aims to integrate the security of the Bitcoin blockchain with the cultural appeal of meme coins.
The goal is to tap into the $2 trillion market with a layer 2 solution that brings Solana’s speed and low costs to Bitcoin.
Currently in presale, Bitcoin Pepe offers 50% of the supply to the community, 15% for staking and rewards, 10% for liquidity, and 10% for development.
The other 10% and 5% of the supply is earmarked for marketing and the treasury.
BPEP is in stage 8 of 30, with more than $5.8 million raised so far as early bidders position for potential post-presale gains.
With BTC, ETH, and other top tokens expected to rally in 2025, Bitcoin Pepe is positioning itself as one of the new projects to watch.
Notably, the BPEP token is priced at just $0.0295, likely a great entry point.
To learn more about Bitcoin Pepe, check out the project’s official website.
