{"id":42007,"date":"2021-05-06T11:08:26","date_gmt":"2021-05-06T08:08:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42007"},"modified":"2025-08-30T21:19:51","modified_gmt":"2025-08-30T18:19:51","slug":"april-2021-in-figures-bitcoin-dominance-dips-below-50-dogecoin-in-the-top-five-usdt-on-tron-among-the-leaders","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/april-2021-in-figures-bitcoin-dominance-dips-below-50-dogecoin-in-the-top-five-usdt-on-tron-among-the-leaders\/","title":{"rendered":"April 2021 in figures: Bitcoin dominance dips below 50%, Dogecoin in the top five, USDT on Tron among the leaders"},"content":{"rendered":"<div class=\"review_top_blk\">\n<h2>Key highlights<\/h2>\n<ul>\n<li>Bitcoin hit a new high around $65,000. Ethereum, Cardano, and Dogecoin also set price records.<\/li>\n<li>Exchanges recorded record trading volumes. Aggregate spot-market turnover reached $2 trillion.<\/li>\n<li>Excessive leverage in the Bitcoin futures market triggered a correction and a series of liquidations totaling $10 billion.<\/li>\n<li>The value of funds in Ethereum-based apps rose by 51%.<\/li>\n<li>Daily transactions on Binance Smart Chain outpaced Ethereum sixfold.<\/li>\n<li>In the DEX segment a new favourite emerged \u2014 PancakeSwap on Binance Smart Chain. It has surpassed Uniswap in turnover.<\/li>\n<li>NFT hype is cooling. Celebrities still sell their tokens for substantial sums.<\/li>\n<li>Bitcoin hash rate temporarily suffered due to outages in China.<\/li>\n<li>Total capitalization of stablecoins exceeded $80 billion. USDT on Tron overtook its Ethereum-based counterpart.<\/li>\n<li>Coinbase debuted on Nasdaq in the largest direct listing in history.<\/li>\n<li>Average venture deal size in the sector rose by 120%.<\/li>\n<\/ul>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>Leading asset dynamics<\/strong><\/h2>\n<div class=\"review_single_blk\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1828\" height=\"897\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC-28.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron leading\" class=\"wp-image-133836\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC-28.png 1828w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-28-300x147.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-28-1024x502.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-28-768x377.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-28-1536x754.png 1536w\" sizes=\"auto, (max-width: 1828px) 100vw, 1828px\" \/><figcaption>Daily BTC\/USD chart. Data: TradingView.<\/figcaption><\/figure>\n<p>April will be remembered for Bitcoin&#8217;s new all-time high \u2014 on April 14 the price reached $64,875 on Bitstamp. At one point, the crypto market capitalization exceeded $2.3 trillion.<\/p>\n<p>Over the next two weeks the price corrected to $47,000, triggering the largest ever series of liquidations in Bitcoin futures. By month-end Bitcoin fell 1.7%.<\/p>\n<\/div>\n<div class=\"review_single_blk\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1828\" height=\"897\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/ETH-31.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133837\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/ETH-31.png 1828w, https:\/\/u1f987.com\/wp-content\/uploads\/ETH-31-300x147.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/ETH-31-1024x502.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/ETH-31-768x377.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/ETH-31-1536x754.png 1536w\" sizes=\"auto, (max-width: 1828px) 100vw, 1828px\" \/><figcaption>Daily ETH\/USD chart. Data: TradingView.<\/figcaption><\/figure>\n<p>A similar dynamic was observed for Ethereum, the second-largest cryptocurrency by market cap, whose price updated a mid-month high. Yet by the end of April it stood at $2,800. The April rise amounted to 44%.<\/p>\n<\/div>\n<div class=\"review_single_blk\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1828\" height=\"897\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/bnb-7.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133838\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/bnb-7.png 1828w, https:\/\/u1f987.com\/wp-content\/uploads\/bnb-7-300x147.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/bnb-7-1024x502.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/bnb-7-768x377.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/bnb-7-1536x754.png 1536w\" sizes=\"auto, (max-width: 1828px) 100vw, 1828px\" \/><figcaption>Daily BNB\/USDT chart. Data: TradingView.<\/figcaption><\/figure>\n<p>In April, Binance Coin (BNB) posted the largest rise among leading assets, jumping 106% with a high of $638.<\/p>\n<\/div>\n<div class=\"review_single_blk\">\n<p>New records were set by other leading cryptos:<\/p>\n<ul class=\"wp-block-list\">\n<li>Cardano (ADA) \u2014 $1.55 (+13% for April);<\/li>\n<li>Polkadot (DOT) \u2014 $48.3 (-2.5%);<\/li>\n<li>Uniswap (UNI) \u2014 $43.8 (+44%);<\/li>\n<li>Chainlink (LINK) \u2014 $44.4 (+29%).<\/li>\n<\/ul>\n<p>Against Bitcoin&#8217;s dominance below 50%, many altcoins rose. For example, XRP hit a three-year high, approaching $2.<\/p>\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" decoding=\"\" width=\"1024\" height=\"364\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Gainers-1024x364.png\" alt=\"Gainers &#038; Losers of the month\" class=\"wp-image-133841\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Gainers-1024x364.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Gainers-300x107.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Gainers-768x273.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Gainers-1536x546.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Gainers-2048x728.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Gainers &#038; Losers of the month. Data: Messari.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"367\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Losers-1024x367.png\" alt=\"\u2026\" class=\"wp-image-133842\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Losers-1024x367.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Losers-300x107.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Losers-768x275.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Losers-1536x550.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Losers-2048x734.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Month\u2019s top- and bottom-performing assets.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>The hype around Dogecoin Day propelled the meme coin DOGE to the fifth position by overall project market cap. On 16 April the coin hit a high of $0.45. At the start of April it traded around $0.05. In the month, Dogecoin rose by nearly 500%. Among liquid altcoins, CRO from Crypto.com rose 718%.<\/p>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>Market sentiment, correlations, user activity<\/strong><\/h2>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"545\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-indeksa-straha-i-zhadnosti.-1024x545.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133845\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-indeksa-straha-i-zhadnosti.-1024x545.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-indeksa-straha-i-zhadnosti.-300x160.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-indeksa-straha-i-zhadnosti.-768x409.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-indeksa-straha-i-zhadnosti.-1536x818.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-indeksa-straha-i-zhadnosti..png 1860w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Fear &#038; Greed index dynamics. Data: alternative.me.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"344\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/90-dnevnye-pokazateli-korrelyatsii-aktivov.-1024x344.png\" alt=\"Market correlations over 90 days\" class=\"wp-image-133846\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/90-dnevnye-pokazateli-korrelyatsii-aktivov.-1024x344.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/90-dnevnye-pokazateli-korrelyatsii-aktivov.-300x101.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/90-dnevnye-pokazateli-korrelyatsii-aktivov.-768x258.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/90-dnevnye-pokazateli-korrelyatsii-aktivov.-1536x516.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/90-dnevnye-pokazateli-korrelyatsii-aktivov.-2048x688.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>90-day asset correlation indicators. Data: BlockchainCenter.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>As Bitcoin slipped below $50,000, the Fear and Greed Index dropped to 24, the lowest in a year. With the price recovery, it returned to neutral levels.<\/p>\n<p>Bitcoin\u2019s correlation with Ethereum and Litecoin softened slightly. The statistical link between \u201cdigital gold\u201d and the S&#038;P 500 remains high (0.26), and with gold it is essentially negligible (0.01). Over the past month, the figures changed little.<\/p>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>NFT<\/strong><\/h2>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/NFT-2-1024x562.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133893\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/NFT-2-1024x562.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/NFT-2-300x165.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/NFT-2-768x421.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/NFT-2-1536x842.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/NFT-2-2048x1123.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>NFT marketplaces trading volume in 2021, $ million. Data: Crypto Art, DappRadar.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"475\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/google-nft-1024x475.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133894\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/google-nft-1024x475.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/google-nft-300x139.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/google-nft-768x356.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/google-nft-1536x713.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/google-nft-2048x950.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Google Trends: NFT search trends.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>The NFT hype appears to be fading. In April, NFT market volumes on leading marketplaces fell by 40%. Google search interest declined as well. In terms of platforms, OpenSea led with $93.3 million in activity, followed by CryptoPunks at $90.1 million, while NBA Top Shots generated $73.5 million.<\/p>\n<p>The launch of a Binance NFT marketplace was announced for June. <em>\u201cIf you don\u2019t understand NFT yet, we hosted a five-hour conference to help you catch up. The recording is on ForkLog\u2019s YouTube channel.\u201d<\/em><\/p>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>Stablecoins<\/strong><\/h2>\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"564\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/stejblkoiny-1-1024x564.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133898\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/stejblkoiny-1-1024x564.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/stejblkoiny-1-300x165.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/stejblkoiny-1-768x423.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/stejblkoiny-1-1536x845.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/stejblkoiny-1-2048x1127.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Market capitalization of stablecoins, $ billion. Data: Coin Metrics.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"670\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Kapitalizatsiya-USDT-ETH-vs-USDT-TRX-1024x670.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133899\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Kapitalizatsiya-USDT-ETH-vs-USDT-TRX-1024x670.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Kapitalizatsiya-USDT-ETH-vs-USDT-TRX-300x196.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Kapitalizatsiya-USDT-ETH-vs-USDT-TRX-768x503.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Kapitalizatsiya-USDT-ETH-vs-USDT-TRX-1536x1006.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Kapitalizatsiya-USDT-ETH-vs-USDT-TRX-2048x1341.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>USDT-ETH vs USDT-TRX capitalization. Data: Coin Metrics.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>Total stablecoin capitalization in April exceeded $80 billion. Tether\u2019s share in the segment rose to $53 billion. USDC started the year at $4 billion and now exceeds $14 billion. BUSD from Binance surpassed $7 billion.<\/p>\n<p>Total USDT on Tron (USDT-TRX) surpassed the Ethereum-based USDT (USDT-ETH). The increase in USDT-TRX supply likely reflects rising demand to minimise costs and speed up transfers.<\/p>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>P2P trading<\/strong><\/h2>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"457\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/local-usd-3-1024x457.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133908\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/local-usd-3-1024x457.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/local-usd-3-300x134.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/local-usd-3-768x343.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/local-usd-3-1536x685.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/local-usd-3-2048x913.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>LocalBitcoins p2p trading volumes in 2020-2021, USD million. Data: coin.dance.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"521\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/local-btc-3-1024x521.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133909\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/local-btc-3-1024x521.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/local-btc-3-300x153.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/local-btc-3-768x390.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/local-btc-3-1536x781.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/local-btc-3-2048x1041.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>LocalBitcoins BTC trading volumes in 2020-2021. Data: coin.dance.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>P2P trading on LocalBitcoins in April reached a yearly minimum in dollar terms. The total value of Bitcoin trades hit an anti-record dating back to 2013.<\/p>\n<\/div>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"318\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-1024x318.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133931\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-1024x318.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-300x93.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-768x238.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients.png 1438w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/bitnodes.io\/nodes\/\">Bitnodes<\/a>.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-1024x597.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133932\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-1024x597.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-300x175.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-768x448.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-1536x895.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1.png 1980w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Average Bitcoin and Ethereum transaction fees. Data: BitInfoCharts.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>In the Bitcoin network there are 36,355 updated nodes, with total nodes around 80,000. This is reported by the developers of Bitcoin Core via Luke Dash Jr. (Luke-jr). According to Bitnodes, 3,160 nodes (32.17%) run <em>Bitcoin Core 0.21.0<\/em>.<\/p>\n<p>In the second half of April, the average Bitcoin transaction fee rose above $60. As hash rate recovered, the metric stabilized above $20 by month-end. Despite Ether\u2019s march to new highs, the average on-chain fee in the network fell to January levels, likely due to widespread deployment of layer-2 solutions and possibly the Berlin hard fork which optimised various aspects of Ethereum\u2019s gas pricing.<\/p>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>Mining, hash rate, fees<\/strong><\/h2>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"620\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-bitkoin-majnerov-po-mesyatsam-mln-1-2-1024x620.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133919\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-bitkoin-majnerov-po-mesyatsam-mln-1-2-1024x620.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-bitkoin-majnerov-po-mesyatsam-mln-1-2-300x182.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-bitkoin-majnerov-po-mesyatsam-mln-1-2-768x465.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-bitkoin-majnerov-po-mesyatsam-mln-1-2-1536x931.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-bitkoin-majnerov-po-mesyatsam-mln-1-2.png 1548w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Bitcoin miner revenues by month, $ million. Data: Coin Metrics.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"481\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-Ethereum-majnerov-po-mesyatsam-mln-1-1-1024x481.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133920\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-Ethereum-majnerov-po-mesyatsam-mln-1-1-1024x481.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-Ethereum-majnerov-po-mesyatsam-mln-1-1-300x141.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-Ethereum-majnerov-po-mesyatsam-mln-1-1-768x361.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-Ethereum-majnerov-po-mesyatsam-mln-1-1-1536x721.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Dohody-Ethereum-majnerov-po-mesyatsam-mln-1-1.png 1998w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Ethereum miners&#8217; revenues by month, $ million. Data: Coin Metrics.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>Despite a sharp rise in fees, overall Bitcoin miner revenue fell by 3% in the last month, likely due to stagnant price. Ethereum miner revenue rose by 19% as ETH hit fresh highs; mining rewards again dominated the revenue mix.<\/p>\n<\/div>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Block-Interval-7-SMA-1-1024x450.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133923\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Block-Interval-7-SMA-1-1024x450.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Block-Interval-7-SMA-1-300x132.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Block-Interval-7-SMA-1-768x338.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Block-Interval-7-SMA-1-1536x675.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Block-Interval-7-SMA-1-2048x900.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Bitcoin block interval dynamics. Smoothed with 7-day moving average. Data: Glassnode.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"476\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-heshrejta-bitkoina-s-nachala-goda-EH-s-1024x476.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133924\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-heshrejta-bitkoina-s-nachala-goda-EH-s-1024x476.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-heshrejta-bitkoina-s-nachala-goda-EH-s-300x139.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-heshrejta-bitkoina-s-nachala-goda-EH-s-768x357.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-heshrejta-bitkoina-s-nachala-goda-EH-s-1536x713.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-heshrejta-bitkoina-s-nachala-goda-EH-s-2048x951.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Bitcoin hash rate dynamics. Data: Glassnode.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>Following <a href=\"https:\/\/u1f987.com\/en\/news\/hashrate-slump-overheated-market-and-cascade-of-liquidations-what-is-driving-bitcoins-price-decline\">a hash-rate drop<\/a> due to outages in China\u2019s Sichuan, the interval between blocks briefly spiked to levels last seen in November 2020. The interval later reverted toward normal levels as hash rate recovered.<\/p>\n<\/div>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"555\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Slozhnost-majninga-bitkoina-1-1024x555.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133926\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Slozhnost-majninga-bitkoina-1-1024x555.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Slozhnost-majninga-bitkoina-1-300x162.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Slozhnost-majninga-bitkoina-1-768x416.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Slozhnost-majninga-bitkoina-1-1536x832.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Slozhnost-majninga-bitkoina-1.png 2020w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Bitcoin mining difficulty. Data: Blockchair.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"667\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Krupnejshie-puly-po-dobyche-bitkoina-1-1024x667.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133928\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Krupnejshie-puly-po-dobyche-bitkoina-1-1024x667.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Krupnejshie-puly-po-dobyche-bitkoina-1-300x195.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Krupnejshie-puly-po-dobyche-bitkoina-1-768x500.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Krupnejshie-puly-po-dobyche-bitkoina-1.png 1370w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n<ul class=\"wp-block-list\">\n<li>After hitting a new high, Bitcoin mining difficulty fell by 12.6%.<\/li>\n<li>AntPool by Bitmain became the main rival to F2Pool for leadership among the largest pools. Binance Pool remains strong. Foundry USA joined the top ten as a subsidiary of DCG.<\/li>\n<\/ul>\n<\/div>\n<div class=\"review_single_blk\">\n<div class=\"reviews_has_halves\">\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"318\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-1024x318.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133931\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-1024x318.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-300x93.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients-768x238.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Nodes-by-clients.png 1438w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/bitnodes.io\/nodes\/\">Bitnodes<\/a>.<\/figcaption><\/figure>\n<\/div>\n<div class=\"review_half\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-1024x597.png\" alt=\"April 2021 in numbers: Bitcoin dominance below 50%, Dogecoin in the top-5, USDT on Tron among the leaders\" class=\"wp-image-133932\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-1024x597.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-300x175.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-768x448.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1-1536x895.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-srednej-komissii-za-BTC-i-ETH-tranzaktsiyu-1.png 1980w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Average Bitcoin and Ethereum transaction fees. Data: BitInfoCharts.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>In the Bitcoin network there are 36,355 updated nodes, with total nodes around 80,000. This is reported by the developers of Bitcoin Core via Luke Dash Jr. (Luke-jr). According to Bitnodes, 3,160 nodes (32.17%) run <em>Bitcoin Core 0.21.0<\/em>.<\/p>\n<p>In the second half of April, the average Bitcoin transaction fee rose above $60. As hash rate recovered, the metric stabilized above $20 by month-end. Despite Ether\u2019s march to new highs, the average on-chain fee in the network fell to January levels, likely due to widespread deployment of layer-2 solutions and possibly the Berlin hard fork which optimised various aspects of Ethereum\u2019s gas pricing.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Against the rally in Ethereum and other altcoins, Bitcoin dominance fell below 50%. PancakeSwap overtook Uniswap in daily turnover, USDT on Tron surpassed its Ethereum-based counterpart by market cap. Coinbase went public.<\/p>\n","protected":false},"author":1,"featured_media":42008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"3","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[1144],"tags":[1740],"class_list":["post-42007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-longreads","tag-bitcoin-industry-in-numbers"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"3","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42007"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42007\/revisions"}],"predecessor-version":[{"id":42009,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42007\/revisions\/42009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42008"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}