April Recap Report: A Month of Correction, Trade Imperfection, and Market Misdirection!

It's no secret that April was a month of price correction and growing trader concern. It was a sea of red for most crypto assets, with Bitcoin closing out the month at $60.8K and starting May down at $59.8K, the lowest we have seen the top asset's price since February 28th.

The top 100 market cap assets have dropped by a total of -10.1%. Some key price returns by percentage over the past 30 days include:

  • Bitcoin $BTC: -15%
  • Ethereum $ETH: -17%
  • Dogecoin $DOGE: -37%
  • XRP Ledger $XRP: -39%
  • Aptos $APT: -49%

Looking at the breakdown by sector in the final week of April, we can see that memecoins have really gotten the worst of this retrace, which makes sense considering the torrid pace they were rising in February and March (Pepe and Dogwifhat, we see you). On the other

There’s more of this Insight

Choose your subscription plan

Sanbase PRO
Unlock all PRO insights

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!