The first quarter of 2019 has brought much-needed optimism into the crypto industry, with data showing the first Q1 increase since 2017. While bitcoin broke through the $5,000 mark, the world’s largest cryptocurrency wasn’t the biggest gainer on the market, as ETH, LTC, and BCH all showed significant growth. Meanwhile, XRP has underperformed.
Following a year-long bear market that resulted in massive losses across the crypto sphere, it seems that the first quarter of 2019 brought some much-needed fresh air to the industry. In what became the first quarterly increase in overall network valuations since Q4 2017, Bitcoin, the world’s largest cryptocurrency, broke through the $5,000 mark.