Follow Us

Cryptanalysis: April 2021 Result And The Month-End Stats

Share on facebook
Share on twitter
Share on linkedin


Share on facebook
Share on twitter
Share on linkedin
  • With an uprise of 7.59% on Friday, BTC overturned Thursday’s 2.36% loss but was still down by 1.98% from last month.
  • Overall April delivered mixed results for major altcoins.
  • Starting the end-week with a Monday low of $1,778B, the global crypto market cap attained a Friday high of $2,193B.

When looking at end-week statistics, one often looks for ‘closing with a bang!’ results. Although Bitcoin (BTC) managed some significant rise, the end-of-the-month price result wasn’t much of a ‘bang’. Rallying up by 7.59% on Friday, overturning Thursday’s 2.36% loss, BTC’s closing figure of $57,630 still fell short of 1.98% from last month.

BTC: April Month-End

Bitcoin’s April 30, 2020, started with “an early morning intraday low” of $53,068, reported FXEMPIRE. Gradually, overcoming the first “major resistance level” at $55,066 and the second at $56,567, the coin rallied to “a late intraday high” of $57,611. Still short of $58,000 levels, BTC ended the day at “sub-$57,600 levels.” 

However, to magnify this hitch into a near-term bearish trend, bitcoin would need to slide through the 62% FIB of $27,237, and that doesn’t seem very likely.

April Reports Of Major Altcoins

Friday also reported a flurry of results for altcoins. Apart from Polkadot DOT down by 5.80%, most other major cryptocurrencies had a bullish end. To be precise, Ripple’s XRP (14.39%), Litecoin LTC (+6.30%), Bitcoin Cash BCH (+5.96%), Coin CRO (+5.32%), Chainlink LINK (+4.65%), Binance Coin BNB (+3.89%), Cardano’s ADA (+3.68%) and slightly on the sidelines Ethereum ETH (+0.64%).

The overall month of April described mixed results for the majors. While’s CRO fell by 6.49%, most other altcoins surged. Leading the bullish month was Ripple’s XRP (+180.63%), followed by Binance’s BNB (+106.01%). As for the rest, Ethereum ETH (+44.61%), Litecoin LTC (+37.93%), Bitcoin Cash BCH (+36.87%), Chainlink LINK (+29.83%), Cardano’s ADA (+13.61%) and Polkadot DOT (+0.22%).

The Present Progress and Downfalls

This week started with the overall crypto market cap down to a Monday low of $1,778 billion, which, while approaching the weekend, soars at a Friday high of $2,193 billion. At the time of writing, the global crypto market cap is over $2,215 billion. 

Bitcoin’s market dominance, enjoying a Monday high of 51.73%, fell to 49.18% on Thursday. And at the time of writing, BTC is down by 1.25%, trading at $56,750.23, and dominates barely 48% of the crypto space.

Join The Coin Republic’s Telegram Channel for more information related to CRYPTOCURRENCY NEWS and predication.

Download our App for getting faster updates at your fingertips.


We Recommend

Top Rated Cryptocurrency Exchange

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Update Required Flash plugin