Everything you need to know for Q1 2020 Crypto Markets

[coingecko]

We recently published a report highlighting everything that has happened in Q1 2020

Crypto market cap went down by about -5% as a result of COVID-19 declaration as global pandemic and oil plunge due to Saudi-Russia price war.
This is likely due to margin calls and domino effect of liquidation events in traditional markets and derivative exchanges especially BitMEX



OKB top the chart after announcing massive token burns
Cosmos biggest decliner of the quarter



Binance continues to gain global market share but BNB token underperforms for the quarter against Bitfinex's LEO and OKex OKB



All asset classes, Gold, Oil, S&P, Bitcoin had a great start of the year, only to falter during the crisis. Oil the biggest loser



Interested to understand more? We have 50 pages of analysis which can be downloaded for free at https://landing.coingecko.com/q1-2020-report

[lobo13hf]

Is that a new feature of your site? i just aware if there was such a fundamental analysis page on your site. Crypto is in the different position right now when people just realize about the fact that the digital asset can be considered as a safe place. The panic sells caused by people just feel worry because they didn't yet realize how big the potential of crypto.

[Maackayon1]

The beginning of Q1 was really a easy clime for crypto uptrend untill this pandemic started to bring down every asset. I am hopeful things will get better. with time.

[joseyphil82]

Yes this year started very good but no one saw the pandemic coming which ruin all crypto plans this year, I don't see how this pandemic will help crypto this year, I'm wait and see how things go

[aioc]

Glad that you have something like this so we can analyze what we need to know  so we can guide as on our future actions, got it and will check later I don't think this year is going to be a great year for us even if we have halving, the pandemic is still with us and we are all still suffering, this is an extraordinary time to be very careful.

[blockman]

Yes this year started very good but no one saw the pandemic coming which ruin all crypto plans this year, I don't see how this pandemic will help crypto this year, I'm wait and see how things go

Yes, we peaked on February then March wasn't really so good. We've been near to the lowest price of the bear market and that put a lot of fear to most investors.
But at the end of March, price was seen to $6400 and that's a pretty good one until what we have today. Waiting for the break out of $8000-$9000 so that we can see $10000 again.

[btc78]

Yes this year started very good but no one saw the pandemic coming which ruin all crypto plans this year, I don't see how this pandemic will help crypto this year, I'm wait and see how things go

Nope we all saw that pandemic is coming but people just disregarded that fact,imagine since early december last year there are so many people dying in China and thinking that the spread is faster yet people from all over the world that goes to China for holiday celebration just did not give a damn about the carrying of the virus thats why the effect goes very much in march because of no prevention method from every individuals.

[Python Master]

I was thought that Cosmos is one of the best altcoins. The leave of the CEO is big lost for this project. I hope the rest of team can keep Cosmos working well. I'm a big fan of Cosmos.
Before the outbreak of coronavirus Q1 is a good quarter for crypto market, most of major coins have good growing. Coronavirus comes and shuts down all. We may hope Q2 will be better when the virus is over and Bitcoin halving has some positive drive to the market.

[masterrex]

Thanks for the complete insight and analysis for the first quarter of 2020. it is quite helpful to us. By the way, I'm interested to know what happens on the Cosmos project recently, but I don't find any article related to it until this info came today so that was it. the cosmos team was breaking apart and thats the reason why the Atom price was down almost half of its value in the previous months. Will Goodluck to all Atom holders.

[target]

300B by the year starts and drop to 178B, almost half were lost. Investors liquidated their assets after they find out there will be possible lockdown to their cities like what happened to Wuhan. They just sellout and dumping for less. It should be obvious for investors in the stock market that crypto markets are much better for the government can't stop the trading, its works every day, whole year-round.

Yes this year started very good but no one saw the pandemic coming which ruin all crypto plans this year, I don't see how this pandemic will help crypto this year, I'm wait and see how things go

Nope we all saw that pandemic is coming but people just disregarded that fact,imagine since early december last year there are so many people dying in China and thinking that the spread is faster yet people from all over the world that goes to China for holiday celebration just did not give a damn about the carrying of the virus thats why the effect goes very much in march because of no prevention method from every individuals.

During that time there were influential people in the media that kept telling travel bans are not going to prevent the spread of the virus.

[20kevin20]

Has any of you guys decided whether BTC or any other alt is a safe haven asset or anything else? Yeah, me neither. So why are we expecting a nice graph when we aren't even sure if we're holding the asset we want it to be? I'm personally neutral for now but if people start looking at BTC as more of an HYIP than a safe haven asset, I'll probably slowly change my mind & perspective over it. But until then, it looks like we'll only go through waves of uncertainty.

[coingecko]

Is that a new feature of your site? i just aware if there was such a fundamental analysis page on your site. Crypto is in the different position right now when people just realize about the fact that the digital asset can be considered as a safe place. The panic sells caused by people just feel worry because they didn't yet realize how big the potential of crypto.

We have published quarterly crypto reports since 2017. Here is the list of reports for you to download for free
https://reports.coingecko.com/all-reports

[minairia3]

I know you have an app coingecko can these reports be seen there? Like there is a page there where can access this full report and analysis of thr market. By rrading this, we can infer that the market is still at good standing even though the existence of covid19 might affect some of the marketcap of established projects. Binance has a good record and continously increasing their position as top market exchange.

Hopefully the loss funds will be recover during and after the bitcoin halving.

[TastyChillySauce00]

I heard there'll be second wave of covid-19 which I hope will not gonna happen because we've already seen the first wave and it's enough to give that significant impact to the crypto market. People should just shut in their house for whole 2 dang weeks. most of the lockdown become unsuccesfull because people are really hard to keep themselves isolated thus making the economy suffer as a consequence.

[coingecko]

Uncertainty on how cities will look like when the lockdown is over is scaring the market.
More so there is no clarity on any vaccine, it will probably be a new normal. Retail, tourism and consumer sales will be the first and heavily impacted. And slowly trickle to the rest.

[JCviggen]

An excellent resource for reading analytics, but you need to understand that any analytics is based on the opinion of the expert who wrote it. no need to rely 100 percent on other people's opinions, even if you consider them to be professionals.

[lunnatic]

very detailed explanation, I like it, and this is really helpful, indeed as I have analyzed also the crypto currency market is like experiencing a bull because the Bitcoin factor will experience Halving, but for altcoin pair BTC this month looks not good, hopefully April will be beautiful

[DarkDays]

Would have been much better if you actually put the name of each cryptocurrency in the charts....

Not everybody knows the logos of literally dozens of coins, if you're trying to appeal to beginner and advanced traders alike, maybe you should consider this.

I like CoinGecko as a platform, it definitely does a better job than CoinMarketCap, but you can do better than this.

[bttmember]

Nice work, i was not expecting such a professionally compiled report from coingecko, it is really surprising, i would suggest to also release a monthly analysis report about new projects with every aspect analysed and conclusion that should clearly state that the project is worth investing or not.

[coingecko]

Would have been much better if you actually put the name of each cryptocurrency in the charts....

Not everybody knows the logos of literally dozens of coins, if you're trying to appeal to beginner and advanced traders alike, maybe you should consider this.

I like CoinGecko as a platform, it definitely does a better job than CoinMarketCap, but you can do better than this.

Thank you for the feedback, we will keep this in mind!

We are constantly finding ways to improve that is for sure. Education is our focus, we have only published our first book on DeFi for beginners at https://landing.coingecko.com/how-to-defi/

Expect more educational resources coming from us 

Nice work, i was not expecting such a professionally compiled report from coingecko, it is really surprising, i would suggest to also release a monthly analysis report about new projects with every aspect analysed and conclusion that should clearly state that the project is worth investing or not.

Good suggestion, we will look into that. Currently the quarterly report is already keeping us occupied and busy   

The very way first Q1 started I was amazed and thought it could continue that way, even go higher because of the halvings we have upfront but virus really made things go much wrong, I could remember bch halved without increase and it kept people stagnant so now we are all focusing on BTC halving and hoping to seeing growth.

While everyone is excited about halving, the problem we saw was that the BCH and BSV halving was a no event to its price action.
Ofcourse they cannot be compared to BTC; as such it will be an interesting event to watch - combined with the global market condition