Overview
- Bitcoin reached $91,600 on April 22, its highest price in over a month, driven by the strongest institutional ETF inflows since January.
- The global cryptocurrency market cap rose 6% since April 2 to $295 trillion, with Bitcoin maintaining a 60% dominance share.
- Solana has outperformed major cryptocurrencies, climbing 14.5% since April 2 to $145, attributed to oversold conditions and shifting trader sentiment.
- Altcoins like Dogecoin and Ethereum recorded significant daily gains of 9% and 8%, respectively, reflecting broad market strength.
- Analysts highlight Bitcoin’s growing institutional adoption and its appeal as a store of value, contrasting Solana’s recent gains driven by speculative trading activity.