Sideways Market with Signs of Accumulation [April 2022 Chartbook]

The crypto industry’s market index fell in April. Crypto volumes were relatively flat, but there was an uptrend in market volatility.

In the Monthly Chartbook, we highlight some of the most impressive and noteworthy market movements in the crypto space, with each chart explaining major trends better than a thousand words.

The crypto market was sideways in April. However, high volumes of BTC and ETH leaving the exchanges were positive signs.

We also uncovered interesting trends and patterns during the past month, including:

– NEAR Protocol saw significant growth in its TVL
– Moonbirds was the top-selling NFT collection, surpassing Bored Ape Yacht Club

Also covered in the report: Trends, DeFi, L1 & L2, NFT, Exchange, Derivatives, Institutional.

Read the full Chartbook report: Sideways Market with Signs of Accumulation