Bitcoin May Lead 2025 Q2 Crypto Bull Run, Says QCP Capital

A recent report from QCP Capital suggests that the second quarter of 2025 could see a significant bullish wave in the crypto markets, with Bitcoin potentially leading the charge. This prediction is based on several factors, including historical performance and current financial conditions.

Bitcoin has a strong track record of rallying during the second quarter, particularly in April. For instance, in 2017, Bitcoin's price surged from around $1,000 to over $2,000 in mid-May, sparking a broader rally. Similarly, in 2021, a substantial price spike occurred in April, although it briefly dropped in May. In 2024, the second quarter was marked by a bullish period for crypto, with Bitcoin climbing rapidly after the approval of Bitcoin Spot ETFs in January, reaching a new all-time high by April.

The report also highlights the performance of high-yield credit markets, which demonstrated solid performance with CC-rated bonds overperforming. This indicates a healthy appetite for risk-on assets, a trend that is expected to continue into 2025. Additionally, receding tariff fears are already boosting the performance of risk-on assets, which could further benefit the crypto markets in the second quarter.

The intersection of strong risk appetite and significant financial trends suggests a potentially vibrant period for crypto investors. Monitoring these developments could provide valuable insights as the year progresses. The report emphasizes that if these broader trends continue as they have in previous years, the market might enter a positive cycle in the coming months. This analysis underscores the potential for a bullish second quarter in 2025, driven by Bitcoin’s historical performance and favorable macroeconomic conditions.