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One platform for global traditional assets
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Bitcoin's April increase reached 11.87%, marking the best performance in 12 months
Coin World News reports that Bitcoin achieved an 11.87% monthly increase in April, making it the best-performing month in the past 12 months, although still slightly below the historical average. Coin Bureau founder Nic Puckrin stated, “There’s still a long way to go to reach all-time highs, but it’s encouraging to see some green performance.” Analysts are cautious about the outlook for May, with CryptoQuant warning that Bitcoin could face price declines for several months, while MN Trading Capital founder Michael van de Poppe believes Bitcoin can break the psychological barrier of $100,000 without new stories or catalysts. The current Bitcoin trading price is $78,190, down about 38% from last October’s all-time high of $125,100.