-Bitcoin news, price, information & analysis Top performing cryptocurrencies in March were Tron and Binance Coin. The biggest losers were Neo, Ethereum and Cardano. Another month has passed in crypto land and it is time to review the winners and losers over the past 31 days.
March has been a pretty tumultuous month for cryptocurrency markets with a new low for the year on the 30th and markets continuing to slide at the end of the month. Overall crypto market capitalization has fallen 40% over the month from around $450 billion at the beginning of March to $270 billion at the end of it.
Compared to February where markets fell by 9% over the month, March as been far worse and very few cryptocurrencies have ended the month higher than they began it. Bitcoin has taken a beating in March falling 34% from around $10,600 at the beginning of the month to $7,000 at the end.
It has struggled to hold the psychological support level of $8,000 and has dipped below it several times, the lowest being on March 30 when it dropped to $6,740. Its market dominance however has increased 12.5% throughout the month from just under 40% on March 1st to around 45% at the end of the month.
This means that it has been an even worse month for altcoins. Tron is the only coin in the top 15 that has not lost ground in March. Read more from newsbtc.com…
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