Benchmark Crypto Indices Weekly Performance Review — March 9

Over the past 7 days, the FS CryptoFX Agg Index decreased by 6.5%, compared with a 0.6% increase for the S&P 500 (Slide 6). Amid rising coronavirus fears and the oil price war between OPEC and Russia, Bitcoin’s price tanked 5.3% over the past week. Primarily due to the global asset class sell-off, the correlations between Bitcoin and other asset classes have increased.

Despite the price decline, Bitcoin showed resilience and outperformed all other sectors (Slide 12). The laggardshi...

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