Top performing cryptocurrencies in April were Tron, EOS and Cardano. While Litecoin, Binance Coin and Monero have shown the slowest recovery. Another month has passed in the world of crypto and it is time to take a look at the winners and losers over the past 30 days. April has generally been a pretty good month for cryptocurrencies with the majority of them recovering from a yearly low on the first of the month. Since the big spike in the first week of January crypto markets have plummeted losing 70% of their value over the following two months. April has been the first month where a possible rebound can be measured though markets are still nowhere near their previous highs.
Total crypto market capitalization has grown steadily throughout April from a low of $244 billion on the first to $430 billion at the end of the month. This marks an increase of 76% overall though they are still 48% lower than the $830 billion peak just after New Year. Bitcoin has led the charge with gains of 40% from $6,600 to $9,300 throughout April. Market cap has climbed from $110 billion to $158 billion but BTC’s market dominance has fallen from 45% to 37% indicating that it has been a much better month for altcoins.
Since all altcoins have gained in April those with the smallest increases can be considered losers in this instance.
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