Benchmark Crypto Indices Weekly Performance Review — March 31 Array ( [cookie] => 7584e7-ae0e4f-6a2286-e059cf-305f08 [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 2 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 1 [subscriber] => 0 [role] => fsi_pro [visitor_id] => 591083 [reason] => [method] => ) 1
Over the past seven days, the FS CryptoFX Agg Index increased by 1.9%, compared with a 10.3% increase for the S&P 500. In line with the rally seen across other asset classes, crypto markets were up broadly last week. Bitcoin's price surged and reached nearly $7,000 on Wednesday morning before giving back most of its gains throughout the weekend and finishing up just 1.6% last week.
Alts rally and Privacy sector continues its leadership
The crypto market is in a typical "rebound" mode - smaller cap alts outperformed the mid-cap tokens, while the mid-cap tokens outperformed the large caps. The best performing size-based index was FS CryptoFX 250, which was up 3.2%, while the worst size-based index was FS CryptoFX Eq Wt, which was up 1.3%. The Privacy sector's leadership persists - FS CryptoFX Prvaicy index (+3.4%) once again outperformed all other FS CryptoFX indices in the past week. After being the laggard for four weeks, the Platforms (+1.7%) improved and were the second-best performing sector-based index. Primarily due to the poor performance of Huobi Token (-2%), the FS CryptoFX Exchange index was only up 1.2% last week, lagging other sector-based indices.
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