Bitcoin’s price (BTC) rose 13% in April as the “crypto winter” that began last October started to thaw and investors moved money back into risk assets.
The largest crypto by market capitalization rose 12.7% in April, registering back-to-back monthly gains and its best month since April 2025.
BTC’s price rose 2% in March, following five consecutive down months that began after Bitcoin hit an all-time high of just over $126,000 U.S. in early October of last year.
Ethereum (ETH), the second largest cryptocurrency, saw its price increase 8% in April, also its second up month in a row and best month since last August.
Analysts say that capital is again flowing into cryptocurrencies as stocks rise and investors take a more “risk on” approach.
Of particular help to Bitcoin has been inflows into exchange-traded funds (ETFs) that track the spot price of the cryptocurrency.
Net inflows into Bitcoin ETFs totaled $1.9 billion U.S. in April, bringing total net assets under management to $100.53 billion U.S.
Bitcoin treasury companies such as Strategy (MSTR) are also helping to lift the crypto, increasing their net holdings by about 58,000 coins worth $4.4 billion U.S. during April.
The price of BTC hit at an April high of right around $80,000 U.S. before encountering resistance. Bitcoin is currently trading at $78,200 U.S.
