BTC, ETH end monthly losing streaks with positive March close

Bitcoin and Ethereum both closed March with gains, ending their respective streaks of monthly losses. According to Coinglass data, Bitcoin had recorded five consecutive months of losses from October through February, its second-longest stretch of declines on record. Its longest-ever losing streak was six straight months from August 2018 to January 2019. Ethereum had posted six consecutive months of losses from September through February, also its second-longest downtrend. The asset's longest decline was a seven-month period from May to November 2018. Market participants are now watching to see if this positive close signals a broader trend reversal.