Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1

Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1


Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This WeekBitcoin bulls attack $57,000, and altcoins rally as April comes to a close

A sudden bullish surge took traders by surprise as April drew to a close, with Bitcoin staging a 10% rally in a matter of hours.

Trending: Frustrated Black Police Officer Defends Law Enforcement In Emotional Viral Video

Highs of $58,448.34 helped to erase recent losses — but not entirely.

Data from Bybt shows that BTC’s price fell by 1.98% last month. That’s the first time the world’s biggest cryptocurrency has closed the month of April in the red since 2015.

A contributing factor to upbeat market activity may have been linked to an astounding surge in revenues at MicroStrategy, a company that owns 91,000 BTC.

MicroStrategy CEO Michael Saylor said: “We will continue to acquire and hold additional Bitcoin as

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