Bitcoin Ends April in the Red
On Thursday, April 30, 2026, Bitcoin closed the month at $75,775, down 0.7% on the day. Ethereum followed at $2,253, falling 1.5%. The weekly performance was negative 3.1%, erasing earlier gains from the start of the week. Trading volumes were moderate, reflecting a cautious end to the month. This decline is attributed to a tense macroeconomic backdrop. U.S. equity markets ended April in negative territory, weighed down by recession fears and geopolitical tensions. Bitcoin, sensitive to these factors, faced selling pressure. Ethereum, despite support from its ecosystem, failed to reverse the trend. Investors reduced exposure to risky assets at month-end, a common practice. Looking ahead, this pullback is not alarming. Bitcoin remains above $75,000, a key level. May could bring renewed momentum, with potential announcements on regulations or technological developments. However, caution remains warranted. Traders will monitor upcoming economic indicators to anticipate moves. For now, the crypto market ends April on a mixed note.
