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    MarketForces Africa » Cryptocurrency » Bitcoin Marked for Worst Q1 as Price Slumps 25%

    Bitcoin Marked for Worst Q1 as Price Slumps 25%

    Julius AlagbeBy Julius AlagbeFebruary 17, 2026Updated:February 17, 2026 Cryptocurrency No Comments2 Mins Read
    Bitcoin Marked for Worst Q1 as Price Slumps 25%
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    Bitcoin Marked for Worst Q1 as Price Slumps 25%

    Bitcoin (BTCUSD) has lost about 25% from the beginning of the year to date, and crypto analysts and the investment community have already marked the digital coin for a red first quarter in history.

    With a total market capitalisation of $1.33 trillion at the time of writing, Bitcoin is hovering below $67k on Tuesday, amidst sharp swings in volume. Over the 24 hours, BTC trading has dropped by 15% to $32.3 billion.

    The world’s largest digital asset opened in 2026 at about $88k, and it is struggling to keep $67k, based on its price movement this week.  Macro-economic instability and profit-taking activities have kept price movement locked below $70k.

    This divergent trade, since the digital assets peaked at $127K in Oct last year, has been fuelled by global economic uncertainties, and what Wall Street calls ‘TACO’ trade has a significant influence on the crypto market.  

    The latest trading direction mirrored what happened in 2018 when the price declined sharply by half, according to crypto analysts. Bitcoin is caught between determined corporate buying and a wider institutional pullback, with technical structure leaning bearish.

    Crypto community agrees that weak back-to-back performance in January through February marks another uncharted territory for investors, traders, and the market.   XRP Sinks by 14% as Extreme Fear Stokes Sell Pressure

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

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    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

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    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

    June 22, 2026

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