Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
The story
Futures drove up crypto" class="cross-link" data-cross="1">Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines.
From the source
0.86% BTC $78,209 1.35% XLM $0.1593 0.16% TRX $0.3265 0.32% XMR $387.31 0.80% DOGE $0.1075 1.37% BCH $449.70 0.83% ADA $0.2472 0.65% BNB $615.34 0.42% ETH $2,300 0.68% SOL $83.71 0.42% HYPE $41.36 2.87% XRP $1.38 0.58% Written by Jesse Coghlan , Staff Editor. Reviewed by Felix Ng , Staff Editor. Written by Jesse Coghlan , Staff Editor. Reviewed by Felix Ng , Staff Editor. Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant Latest News Published May 1, 2026 Futures drove up Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historical
Who and what
Key names and topics in this story: Bitcoin, April, CryptoQuant.
Where to follow next
- Read the full piece at cointelegraph.com
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Bitcoin’s next breakout will depend on whether investors treat $80K as relief, resistance, or the start of a new recovery
Bitcoin headed into the Federal Reserve's rate decision this week after failing to cleanly reclaim $80,000, with the institutional bid that fueled its April recovery now visibly softening. Spot ETF flows have been volatile, the price is sitting below the on-chain levels that defi