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1 May, 2026

Spring fever

What's being bought and sold*

TOP TRENDING ASSETS

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*Trading activity in the past 24 hours on the Uphold platform, as of 8 a.m. 1st May 2026.

The combined total of buy and sell percentages can exceed 100% due to customers who engage in both buying and selling the same asset within the 24-hour time frame.

Don’t invest in crypto unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

What’s up

Sneaky-Positive April Ends Well

Bitcoin finished out April up 11.9% for its biggest monthly gain since the 14.1% increase notched in April of 2025.

This oddly stealthy springtime rally coupled with war-related hedging strategies helped U.S.-listed spot BTC ETFs log a banner month in terms of flows. Nearly $2 billion came in the door in April following March’s monthly inflow of $1.5 billion (Cointelegraph).

What's down

Several Big Coins Spent Hot Month Cool

Overshadowed by a relentlessly robust stock market — the S&P 500 hit yet another new record on Thursday — Bitcoin actually just had a decent little 24-hour gain of 1.8%. Heading into Friday morning, BTC traded at $77.4K, down a smidgen (-0.4%) over the past week, according to CoinGecko.

Total crypto assets gained 1.2% over the past 24 hours to hit $2.65 trillion, CoinGecko said.

BTC’s rising tide in April didn’t necessarily lift other digital asset vessels although many big coins did finish the month in the green. 

In the thirty days hath April, Ethereum added 7% to its market cap while Dogecoin rose 18%, per CoinGecko. 

Several top coins spent the month merely treading water. XRP, for instance, rose just 1.8% in April. Solana went up all of 0.6%.

Among the larger-cap coins that finished down on the month are Cardano (-0.5%), Avalanche (-0.8%), Hedera (-2.3%) and Stellar (-7.4%).

What's next

Somehow It Doesn’t Feel Like BTC Is On A Roll

Bitcoin full-on flourishing in a time of global tumult is an undeniably positive trend. Yet it’s one that still seems undercut by worrisome signs.

“At 11.9%, BTC/USD saw its highest monthly gains in a year,” Cointelegraph said. “But the monthly candle fell short of reclaiming key support lines.”

April's BTC rally was “purely speculative,” analysts told Decrypt.

Although futures demand surged during the month, spot buying contracted, creating a setup mirroring 2022 when BTC began correcting from its then peak of $79K, preceding a grinding bear market, CoinDesk said.

For much of the back half of this past April, BTC stayed stuck rangebound, between $75,000 and $80,000. 

Meanwhile, negative funding rates on futures exchanges indicate, per CoinDesk, that traders are “generally positioned for a decline.”


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