Snabbtagning

April har varit en turbulent månad för Bitcoin, med dess pris som handlades runt 70,000 60,000 $ i början av månaden innan den stötte på en rad utmaningar som förde den till lokala bottennivåer strax under XNUMX XNUMX $.

Trots nästan fyra dagar kvar av månaden handlas Bitcoin för närvarande till cirka 64,000 XNUMX $.

The month kicked off on a rough note, as the conclusion of the US tax season prompted a potential sell-off of Bitcoin. Economic headwinds compounded the situation, including a significant surge in the price of gold, högre inflation än väntatoch stigande avkastning, leading to a momentary pause in risk-on assets.

Geopolitical tensions in the Mellanöstern also exacerbated the situation, resulting in negative finansieringsnivåer in BTC for the first time since the end of 2022. These headlines continued to weigh on the flagship crypto’s price, contributing to its decline.

Furthermore, ETF inflows began to taper off, with BlackRock’s IBIT inflows ceasing for two consecutive days while GBTC outflows persisted. The anticipation surrounding the halving event, typically a bullish long-term factor for Bitcoin, added to the uncertainty in the kortsiktigt, especially regarding transaction avgifter and miner activities.

Dessutom US government’s sale of 1,999 BTC added to the bearish news while a significant volume of likvida was observed in Bitcoin.

Despite these challenges, Bitcoin’s resilience shines through, as it’s only down approximately 11% for the month. Bitcoin had achieved seven consecutive months of gains, leaving observers to wonder if it could achieve an unprecedented eighth consecutive month of growth.