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Crypto Outlook January 2020: A New Year Begins…

Article published at Apple News and Global Crypto Press

Welcome to the January 2020 Crypto Outlook with Contentworks, an agency specializing in content marketing for financial services, crypto and blockchain.

Bitcoin was one of the best-performing assets in 2019. The currency rose by more than 85%. This was higher than the 30% gain by the S&P 500. It was also higher than gains in gold and other cryptocurrencies like Ethereum and Litecoin.

Bitcoin started 2019 from a point of weakness after its price dropped by more than 80% in the previous year.Bitcoin started 2020 on a high note after rising by 30 basis points on the first day of the year. The outlook for the year remains uncertain. This is because the currency has declined significantly since peaking at almost $14,000 in 2019. The currency is 44% off its 2019 highs.

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