Cryptocurrency News

Is Bitcoin price optimism fading after the crypto market’s rocky April?

05/03/2022

Less than a minute

2022.05.03 21:22

Is Bitcoin price optimism fading after the crypto market’s rocky April?

Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash.

February and March showed signs of recovery, especially after the steep declines in December and January. But, the question is, why has the bullish momentum suddenly come to a halt?

05/03/2022

Less than a minute

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Bitcoin (BTC) $ 66,315.77 1.84%

Ethereum (ETH) $ 2,506.80 4.69%

Tether (USDT) $ 0.998647 0.17%

BNB (BNB) $ 580.84 2.33%

Solana (SOL) $ 172.36 2.19%

USDC (USDC) $ 0.999846 0.09%

XRP (XRP) $ 0.520666 2.54%

Lido Staked Ether (STETH) $ 2,506.18 4.71%

Dogecoin (DOGE) $ 0.138651 0.84%

TRON (TRX) $ 0.159646 0.50%

the-open-network

Toncoin (TON) $ 5.10 2.28%

Cardano (ADA) $ 0.34862 4.21%

Avalanche (AVAX) $ 26.49 4.32%

Wrapped stETH (WSTETH) $ 2,952.23 5.02%

Shiba Inu (SHIB) $ 0.000018 4.10%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 66,014.69 2.11%

WETH (WETH) $ 2,507.61 4.68%

Chainlink (LINK) $ 11.21 6.64%

Bitcoin Cash (BCH) $ 347.06 2.90%

Polkadot (DOT) $ 4.18 2.92%

Dai (DAI) $ 0.999391 0.13%

Uniswap (UNI) $ 7.68 4.69%

LEO Token (LEO) $ 6.06 2.12%

NEAR Protocol (NEAR) $ 4.57 2.21%

Sui (SUI) $ 1.95 0.32%

Litecoin (LTC) $ 69.42 0.44%

Aptos (APT) $ 9.81 4.60%

Wrapped eETH (WEETH) $ 2,633.48 4.73%

Pepe (PEPE) $ 0.00001 3.74%

Bittensor (TAO) $ 526.80 3.85%

internet-computer

Internet Computer (ICP) $ 8.05 1.35%

Artificial Superintelligence Alliance (FET) $ 1.32 3.05%

Kaspa (KAS) $ 0.130531 3.75%

Monero (XMR) $ 156.13 0.32%

Stellar (XLM) $ 0.09426 1.74%

Ethereum Classic (ETC) $ 18.50 2.77%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.352905 3.64%

Stacks (STX) $ 1.78 1.82%

first-digital-usd

First Digital USD (FDUSD) $ 0.998122 0.15%

WhiteBIT Coin (WBT) $ 18.23 0.11%

Ethena USDe (USDE) $ 1.00 0.12%

dogwifhat (WIF) $ 2.46 1.32%

OKB (OKB) $ 39.52 1.66%

Immutable (IMX) $ 1.45 3.97%

Arbitrum (ARB) $ 0.554597 4.41%

Aave (AAVE) $ 146.80 3.98%

Optimism (OP) $ 1.73 1.61%

Filecoin (FIL) $ 3.66 3.75%

crypto-com-chain

Cronos (CRO) $ 0.074958 2.74%

Render (RENDER) $ 5.07 3.04%