Bitcoin may usher in the best quarterly performance in nearly two years, outperforming Ethereum, gold and the Nasdaq index

BlockBeats news, on March 29, according to market data, Bitcoin has risen by nearly 72% in terms of market value so far this year. This is the largest quarterly increase in the past two years, and its market value has risen to $542 billion. Ethereum is on track for a quarterly gain of 50%. During the same period, the price of gold rose by more than 7%, while the Wall Street Nasdaq index dominated by technology stocks rose by more than 15%. Speculation that central banks, led by the Federal Reserve, will abandon their aggressive policy of rate hikes in response to recession signals has largely fueled the rally. Martin Leinweber, digital asset product strategist at MarketVector Indexes, said: "This is all related to the expectation that central banks, especially the Federal Reserve, will take new easing measures. Among all risk assets, Bitcoin is the most sensitive to Liquidity fluctuations. Assets with good monetary appeal, such as bitcoin and gold, are benefiting from Liquidity injections, said David Foley, managing partner of the Bitcoin Opportunity Fund.