
Bitcoin rose 12.7% in April, marking its strongest monthly gain since April 2025 and extending a two-month recovery trend after a rout that saw it lost about half of its value over the past months.
The move came during a period of uneven crypto demand shaped by macroeconomic uncertainty and geopolitical tensions, including spillover risks linked to the ongoing Iran war and shifting global risk sentiment. Broader financial market positioning also reflected uncertainty around U.S. interest-rate expectations, which has influenced liquidity across risk assets.