Outlook published at Global Crypto Press.
2019 has been relatively mixed for cryptocurrencies. Litecoin has been one of the best-performing, gaining by almost 90% while Ripple has shed more than 15%. In March, the same trend continued, with Litecoin gaining by more than 24% and Ripple losing by almost 1%. Bitcoin has also seen a record six consecutive weeks of gains for the first time since 2017. Another key characteristic that has defined this year is low volumes in the cryptocurrencies industry. This is probably because the hype has reduced significantly. In March also, CBOE announced that it was shutting down the Bitcoin futures product that it launched in 2017. The chart below shows the performance of the key cryptocurrencies in March. April Crypto Outlook: What Can We Expect This Month?