May 2, 08:44 AM

Bitcoin Surges 14% in April, Ethereum Dips 1.56% as AI and Memecoins Gain; Bitcoin Nears $100,000

In April 2025, the cryptocurrency market saw notable growth driven primarily by AI agent tokens and memecoins, which averaged returns of around 40%. Bitcoin experienced a surge of 14.08%, exceeding its historical monthly average of 13.06%, marking its strongest April performance since 2020. This increase nearly doubled the typical April growth rate of 7.57%. Despite Ethereum having a stronger average price gain of 19.98% for the month, it dipped by 1.56% in April, underperforming relative to Bitcoin. Market analysts note a gradual capital rotation into other sectors as Bitcoin approaches the $100,000 mark. The Solana AI Index, comprising 652 projects with 407 tokens and a total market capitalization of $4 billion, showed stable market cap but an 11% decline in 24-hour trading volume. The top projects by mindshare include krain_ai and QuoteChain_AI, both without tokens. Market participants are closely watching which cryptocurrencies will dominate in May 2025 amid these evolving trends.

#Bitcoin #Ethereum #Solana AI Index #QuoteChain_AI

Written with ChatGPT (GPT-4).

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Bitcoin Surges 14% in April, Ethereum Dips 1.56% as AI and Memecoins Gain; Bitcoin Nears $100,000

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