Monthly Market Report: April 2026
April 2026 was arguably the strangest (and possibly most trust-breaking) months crypto has seen since the FTX collapse in November, 2022. On the surface, it looked like a disaster. Massive hacks, lawsuits, insider drama, and ongoing geopolitical uncertainty dominated headlines almost daily. But despite all of this, most prices didn’t collapse. The vast majority of cryptocurrencies actually held steady or moved higher.

The conflicting reports of crypto disasters created hard-to-resist FUD and a confusing environment for investors and traders alike. And as we have often seen, when negativity gets high, markets refuse to drop the way retail expects it to. We saw two distinct moments in April where there were key, predictable moments to buy and sell based on sentiment alone. Remember, markets move opposite to the crowd's expectations:
- April 18th: FUD takes over crypto after Kelp DAO exploit shakes