Read the SFOX research report on the data and performance trends of BTC, ETH, BCH, LTC, BSV, and ETC throughout the month of March.
- The SFOX Multi-Factor Market Index remains at mildly bullish entering April 2019.
- LTC, BCH, and ETC all showed noteworthy volatility movements that weren’t obviously related to BTC, suggesting that the industry at large may be growing beyond BTC.
- March highlighted the sustained focus on blockchain and crypto development in an increasingly low-volatility environment.
- Watch for conferences, futures expirations, and general uncertainty to potentially impact volatility in April 2019.
In the March 2019 edition of our monthly volatility report, the SFOX research team has collected price, volume, and volatility data from eight major exchanges and liquidity providers to analyze the global performance of 6 leading cryptoassets — BTC, ETH, BCH, LTC, BSV, and ETC — all of which are available for algorithmic trading on our trading platform.
The following is a report and analysis of their volatility, price correlations, and further development in the last month. (For more information on data sources and methodology, please consult the appendix at the end of the report.)
Readers should note that, in the spirit of analyzing consistent time-frames and viewing data in the context of long-term trends, this report neither includes nor analyzes the sharp increase in crypto volatility that we have witnessed in the beginning of April. That volatility will be presented and analyzed in the April 2019 Volatility Report this coming month.
Current Crypto Market Outlook: Mildly Bullish
Based on our calculations and analyses, the SFOX Multi-Factor Market Index, which was set at mildly bullish at the end of February 2019, remains at mildly bullish at the end of March — although the index is now edging further in the bullish direction.