Bitcoin is the Asset Class Leader in 2019 Returns: BTC Blasts Past the Old-Guard Competition in Q1


With the beginning and end of the first quarter of 2019, we have seen more than enough fiscal forecasting to demonstrate a couple of things – the market is picking up some more space for one. And two – Bitcoin is bouncing back in a big way, outpacing its mainstream opponents in comparison.

Putting this into a very real perspective, compared to the previous quarter, Bitcoin has managed to spike upward by approximately 52 percent. This is in stark contrast to a comparably sluggish increase to the percentile growth demonstrated by Crude Oil (33 percent), the Nasdaq 100 index as a whole (24 percent), Meanwhile, we see some level of improvement from High Yield investments (9 percent), while investment grade, while bonds (3 percent) with gold retreating half a percent,  according to a recent financial forecast.

To begin with, as research and financial analysis have demonstrated, we should all expect some kind of positive rebound in the first quarter of 2019. Especially when we consider the kind of retreat that was experienced over the final months of 2018.

No other kind of asset has experienced as negative 2018 as the cryptocurrency world – with Bitcoin plummeting to lower support levels during the final months. But now, with 2019's first months elapsed, Bitcoin has managed to make a major rally.

According to news sources from this week, this really isn't limited to just Bitcoin, which has regained ground compared to last year, hitting a valuation of $5,735 as of this week. Among those cryptocurrencies that have managed to rally in strength, some of the big performers include Bitcoin Cash (10.93 percent), Bitcoin SV (9.4 percent), Litecoin (8.69 percent) and EOS (5.92 percent).

What can we take away from this kind of financial forecast? That the cryptocurrency world is performing at strength after a disappointing latter quarter of 2018.

Bitcoin’s price is $32,847.51 BTC/USD exchange rate today. The real-time BTC market cap of $615.56 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $33.25 Billion and live coin value change of BTC -3.86 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$32,847.5070 change ~ -3.86%

Coin Market Cap

$615.56 Billion

24 Hour Volume

$33.25 Billion

24 Hour VWAP

$34.12 K

24 Hour Change

$-1,267.35

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide