Crypto Daybook Americas: Biggest Tokens Show Restraint for Now, but 'Damage Has Already Been Done'

Quick Summary:

These figures are well within recently volatility ranges and come on the back of a strong monthly performance — BTC is on track to rise 15% in April, the most since November.

Bitcoin’s rise so far this year, contrasting with the stock market’s worst 100 days of a presidential administration since 1974, could be further evidence the cryptocurrency is starting to be used as a hedge.

As mentioned earlier in the week, Greg Cipolaro, the global head of research at NYDIG, wrote in a note that BTC has been acting “more like the non-sovereign issued store of value that it is.

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Article Details

Category: Crypto

Markets: United StatesCanadaChinaCubaMexico

Topics: News Crypto Daybook Americas

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 11:17:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 12 words per sentence (average)

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Copyright Owner: © CoinDesk

News ID: 28297606

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