SUMMARY:

The cryptocurrency prices in April were heavily influenced by the US government's tariff policies. After the tariff policy was announced on April 2, BTC and ETH experienced a decline of more than 10% in a short period, the number of long contract liquidations increased significantly, and spot ETF funds flowed out substantially. However, as the tariff policies became more moderate, the US government began tariff negotiations with several countries, and market confidence gradually recovered. By the end of April, BTC returned to the level of 90 thousand dollars, and the fear and greed index also rose from 18 to 72. Overall, April was a month characterized by policy, and the US government's policies particularly dominated the price movements of cryptocurrencies and global financial assets.