Bitcoin ($BTC) has witnessed one of its extreme Q1 crashes this year, while the geopolitical scenario is worsening amid the U.S.-Iran war. In this respect, Bitcoin has reportedly dropped by 23.21% during Q1 2026. As per the data from Coinglass, this denotes the 3rd-worst first-quarter crash since 2013. Hence, just 2018 and 2014 are the Q1 collapses that surpassed this level.
Bitcoin Q1 2026 Crash Hits Top 3rd Spot Among Extreme Collapses Since 2013 as Geopolitical Tensions Escalate
The market data reveals that the quarterly returns of Bitcoin signify a notable volatility in comparison with the previous years. So, the flagship cryptocurrency’s Q1 performance shows a 23.21% plunge. This makes it the 3rd top Q1 crash since 2013, coming after 2014 and 2018.
The market analysts say that this is not because of the structural failure. Instead, the increased geopolitical volatility, deleveraging, and macroeconomic pressures have led to this outlook. Now, while the worldwide tensions are rising, taking into account war-related apprehensions along with the Iranian strikes across the Middle East, traders are significantly cautious about risk exposure and liquidity.
Flagship Cryptocurrency Faces Uncertainty Amid Speculation of Q2 Recovery
The quarterly returns show an average 45.90% rise in return. However, a median of up to -2.26% displays sheer contrasts between the busts, such as 2018 (-49.7%) and peak years, such as 2013 (+539.96%). Additionally, the statistics also disclose that Q2 often results in rebounds with an average of +27.11%.
The crashes like the current Q1 usually lead to notable recoveries during Q2. At the same time, the escalating war strikes after the death of Iran’s Supreme Leader Khamenei, including that in Dubai, are increasing apprehensions. As a result, the traders are looking for an answer to whether the top cryptocurrency can withstand such external shocks.
