MARKET WRAP: Bitcoin $BTC could face more volatility this month, although downside appears limited. Here's what to monitor in March.
. That means crypto investors experienced greater price swings to generate returns versus traditional investors.On average, over the past nine years, bitcoin has produced negative returns in March, according to data from StockCharts. While past returns are no guarantee of future returns, investors are still bracing themselves for economic and political uncertainty next month., an anlyst at Oanda, wrote in an email to CoinDesk.
"If financial markets grow nervous that the [U.S.] Federal Reserve will become more aggressive in removing accommodation, bitcoin could settle back to the lower boundaries of its widening trading range just below the $40,000 level," Moya wrote.Bitcoin average historical returns A lone trader lost more than $11 million on a single futures trade involving Theta Networks’ THETA token as the price jumped 18% in 24 hours.
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