Bitcoin’s worst Q1 since 2018 — What now?

Markets, hacks, geopolitics, and SpaceX — everything that mattered in one quick read

YOUR DOSE OF CRYPTO WISDOM AND ENTERTAINMENT

Hey HODLers,

It’s been a turbulent week in crypto, tech, and global markets. Bitcoin posted its worst first-quarter performance in years, DeFi faced another high-profile hack, and tensions in the Middle East are raising concerns about global internet connectivity. Meanwhile, SpaceX is hinting at a historic IPO that could reshape the space and tech industries.

In this digest, we break down the most important stories, what they mean for the markets, and why you should pay attention, all in one quick read.

bitcoin GIF

📰 THIS WEEK’S HOT NEWS

📉 Bitcoin wraps up its worst Q1 in years

Q1 2026 didn’t go easy on crypto.

Bitcoin dropped nearly 22%, marking its worst first-quarter performance since 2018. The correction coincided with rising instability in the Middle East and a shift in global risk appetite.

So what’s behind the dip?

  • ETF outflows and shrinking liquidity

  • Ongoing global uncertainty

  • Rising interest rates and risk-off sentiment

Despite the downturn, analysts aren’t calling it the end, just another cycle. Some even expect a rebound later this year as institutional interest quietly builds.

🌐 Can geopolitics break the internet?

A new concern is making waves beyond crypto: global internet infrastructure.

Tensions around Iran have raised alarms about undersea cables in the Red Sea and Strait of Hormuz, which carry a huge share of global data traffic.

Here’s the risk:

  • These cables are physical and fragile

  • Key routes connect Europe, Asia, and the Middle East

  • Disruptions could slow or partially cut global connectivity

While some viral claims are exaggerated, experts agree: the threat is real, and even minor damage could trigger massive rerouting, latency spikes, and economic disruption.

🚀 SpaceX moves toward a historic IPO

Big news from the traditional tech world: SpaceX is reportedly preparing for a potential IPO.

If it happens, this could become one of the largest public listings in history, opening access to one of the most influential private space companies ever.

Why it matters:

  • Expands public exposure to the space economy

  • Signals strong investor appetite for frontier tech

  • Could reshape how capital flows into innovation

🔓 DeFi reminder: hacks are still a real threat

The DeFi space got another wake-up call this week with the Drift Protocol exploit.

Details are still unfolding, but the incident highlights a familiar truth:

  • Smart contracts are powerful, but not bulletproof

  • Security gaps can still lead to major losses

  • Even established platforms aren’t immune

👉 As always: high yields come with high risk.

🧠 TL;DR

  • Bitcoin posts its worst Q1 since 2018

  • Global internet cables face rising geopolitical risk

  • SpaceX IPO rumors signal a major shift in tech markets

  • DeFi security remains a critical weak point

📈 TOP GAINERS & LOSERS

  1. EdgeX (X) - Significant rise of 65.24% to $0.9654 this week;

  2. Algorand (ALGO) - 45.56% growth over the period to a price of $11.82;

  3. Venice Token (VVV) - Price increase of 21.55% to $7.18;

  1. Aptos (APT) - End week price of $0.859, falling this week for 12.80%;

  2. Ethena (ENA) - lost 12.02% to end the week at a price of $0.08173

  3. Kaspa (KAS) - ended the week at $0.0309, down 10.32%;

📘 EDUCATIONAL PICK — LEARN & LEVEL UP

🐦 TWEETS OF THE WEEK

FOLLOW OUR SOCIAL MEDIA:

  • X - Where Crypto Meets Comedy;

  • TikTok - Investigating the Wacky World of Crypto;

  • СoinMarketCap - The Wildest Ride in the Crypto Market;

  • YouTube - Your Gateway to the World of Crypto.

Disclaimer: We're here to entertain, not to be your financial guru. This newsletter is purely for educational purposes and does not constitute financial advice or a magical fortune-telling session. So, grab your popcorn, enjoy the read, but remember to use your own wits and conduct thorough research before making any money moves. Stay curious, my friend!