PANews reported on January 1st that, according to the latest data from Coinglass, Bitcoin's return in the fourth quarter of 2025 was -23.07%, far below the historical average of 77.07% and the median of 47.73%, marking the second-worst quarterly return in history, second only to the -42.16% return in the fourth quarter of 2018. Ethereum's return in the fourth quarter was -28.28%, marking the fourth-worst quarterly return in history. Furthermore, Bitcoin's monthly return in December 2025 was -2.97%, and Ethereum's was -0.65%.