Bitcoin surged in April, but its run could be on shaky ground, according to CryptoQuant.
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Bitcoin
surged in April, but its run could be on shaky ground, according to crypto data provider CryptoQuant.
The flagship crypto coin gained 12.7% for the month, registering back-to-back monthly gains and its best month since April 2025. It eked out a nearly 2% gain in March, following five consecutive down months. Ether
gained 8% in the same period, also its second up month in a row and best month since August.
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Bitcoin rose as high as $124,496 on Wednesday, while ether is inching closer to its 2021 record of $4,866.01.
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Bitcoin is a stone's throw from its all-time high after an overnight rally that also propelled ether to levels not seen since…
