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May 05, 2020

Bitcoin recovers most of its March losses, but remains 14.4% below its 2020 high

  • BRR shows Bitcoin recovers most of its March losses, on April 30th BRR was $8848.5 sitting just 3.1% below the March high of $9127.1 set on March 7th.
  • YTD returns at April 30th are a healthy 22.8% but Bitcoin is still 14.4% below its 2020 high of $10,336.0 set on February
  • Aggregate BRR volume of 74,656 XBT for April was significantly lower than March's record volumes (103,765 XBT) but still a long way ahead of volumes seen in Jan (35,034 XBT) and Feb (44,538 XBT)

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.


Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.


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