{"id":63794,"date":"2022-07-01T16:04:22","date_gmt":"2022-07-01T13:04:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63794"},"modified":"2025-09-06T10:54:12","modified_gmt":"2025-09-06T07:54:12","slug":"q2-2022-was-bitcoins-worst-quarter-in-11-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/q2-2022-was-bitcoins-worst-quarter-in-11-years\/","title":{"rendered":"Q2 2022 was Bitcoin&#8217;s worst quarter in 11 years"},"content":{"rendered":"<p>The price decline of the first cryptocurrency in April\u2013June by 56.2% was the steepest since Q3 2011, when losses reached 67%. The data come from <a href=\\\"https:\/\/www.coinglass.com\/today\\\">Coinglass<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>During the period, Bitcoin fell from $45,000 to $19,884. In the bear markets of 2014 and 2018, quarterly declines did not exceed 39.7% and 49.7%, respectively.<\/p>\n<p>\\n\\n<\/p>\n<p>In June, digital gold posted its worst rate of decline since September 2011, at 37%.<\/p>\n<p>\\n\\n<\/p>\n<p>The negative momentum in the crypto market in the second quarter continued amid the slide in the S&#038;P 500. In the first half of the year, the index fell 20.6%, its worst result since 1962.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">The S&#038;P was down 20.6% in the first half of 2022, the worst start to a year for the index since 1962. <a href=\\\"https:\/\/twitter.com\/search?q=%24SPX&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$SPX<\/a> <a href=\\\"https:\/\/t.co\/OMcX7yfP5o\\\">pic.twitter.com\/OMcX7yfP5o<\/a><\/p>\n<p>\u2014 Charlie Bilello (@charliebilello) <a href=\\\"https:\/\/twitter.com\/charliebilello\/status\/1542610553125879809?ref_src=twsrc%5Etfw\\\">June 30, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n<\/p>\n<p>Earlier, JPMorgan strategist Nikolaos Panigirtzoglou <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-sees-deleveraging-in-crypto-markets-nearing-its-end\">suggested<\/a> the end of deleveraging in the crypto market.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, Deutsche Bank analysts forecast Bitcoin&#8217;s recovery to $28,000 by the end of 2022.<\/p>\n<p>\\n\\n<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\u201d\\\"\" target=\\\"\u201c_blank\u201d\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 news on cryptocurrencies, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price decline of the first cryptocurrency in April\u2013June by 56.2% was the steepest since Q3 2011, when losses reached 67%. Coinglass provides the data.<\/p>\n","protected":false},"author":1,"featured_media":63795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-63794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=63794"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63794\/revisions"}],"predecessor-version":[{"id":63796,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63794\/revisions\/63796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/63795"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=63794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=63794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=63794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}