April was anything but boring in crypto. From ETF flows to whale moves and macro madness, here’s everything you need to know to stay ahead.
1. BTC & ETH Performance
• Bitcoin (BTC) ended April around $94,000, down from its early-year high near $109,000.
• Ethereum (ETH) hovered at $1,765, also below its Q1 peak.
The correction reflects broader uncertainty across risk-on assets.
2. Market Sentiment & Macro Pressures
• Crypto total market cap (excluding BTC) dropped 41% from its December 2024 high, now at ~$950 billion.
• A bearish flag pattern emerged on the charts, hinting at a potential pullback to $2.31 trillion, wiping out most Trump-era election gains.
Key headwinds:
• Sticky inflation
• Fed’s hawkish stance
• Global recession fears
3. Whale Accumulation & ETF Inflows
• Whale wallets (holding >1,000 BTC) accumulated over 50,000 BTC in April alone — a bullish sign of long-term conviction.
• Spot Bitcoin ETF inflows totaled $900 million for the month, bringing YTD flows to a whopping $36.77 billion.
Institutional demand remains strong despite short-term volatility.
4. Hacks & Security Incidents
• Total loss from hacks and phishing attacks in April reached $364 million.
• Projects like KiloEx, Loopscale, and zkSync were targeted, though partial refunds have been issued.
Stay vigilant. Bear markets are hacker playgrounds.
5. Forecasts & Future Outlook
• Standard Chartered predicts BTC could hit $120,000 in Q2, driven by ETF demand and macro uncertainty.
• Some models even point to $200,000 by year-end 2025, citing power-law trajectories and growing institutional interest.
Final Thoughts
April was a reset month — but not a collapse.
Whales are buying. ETFs are growing. The long game is still in play.
As always: not financial advice.
Stay smart. Stay curious. Stay decentralized.