Daily Market Movers — Sunday, April 12, 2026

Bitcoin dominance hit 58.2% on April 11, 2026. Per CoinMarketCap, this is the highest level since April 2021. Ethereum dominance fell to 12.4% over the same period. CoinGecko data shows ETH/BTC dropped 23% since January 2026. Altcoin season is not active. Per Blockchain Center data, only 18 of the top 50 tokens outperformed Bitcoin over the past 90 days as of April 11. Ethereum L2 TVL declined 31% since August 2024, to $9.1 billion. DefiLlama data shows Arbitrum lost 44% of its TVL, falling to $3.8 billion. Base chain grew 67% over the same months. Dune Analytics data shows Base processed 8.2 million daily transactions on April 10, 2026. L2s are fragmenting liquidity. Per L2Beat, 14 active scaling solutions each hold less than $500 million TVL as of Q1 2026. Stablecoin supply on Solana rose 312% year-over-year, to $6.4 billion. Artemis data shows 94% of Solana stablecoin transfers settle in under one second. Ethereum stablecoin supply fell 8% since March 2025, to $89 billion. Visa on-chain analytics puts average Ethereum settlement time at 12 seconds as of April 2026. Tron remains the largest stablecoin chain by active addresses. Per Tronscan, Tron processed 1.7 million daily USDT transfers on April 10, compared to 340,000 on Ethereum.

Top Gainers Analysis

Bitcoin traded at $66,036.18 as of March 27, 2026, down 3.7% over 24 hours — the lowest level that month per Nasdaq data -10. YCharts confirms the prior-day move: from $71,309.26 on March 26 to $68,791.11 by March 27, a 3.53% drop -6. Total crypto market cap stood at $2.54 trillion per CoinGecko data cited by CoinW Research -8. Open interest on Bitcoin futures fell 7.8% from its March 16 peak of $23.33 billion to $21.51 billion as of March 24, per CryptoQuant -4. OI dropped for eight consecutive days, though funding rates turned positive at +0.0044% after a week of negative values -4. This points to deleveraging nearing completion rather than accelerating. Exchange netflows show three consecutive outflow days through March 24, with -1,165 BTC leaving exchanges on that day -4. Glassnode breaks this down by transaction size: net outflows of 2,015 BTC for transactions above $10 million, while sub-$10,000 transactions registered net inflows of 98 BTC -9. Large holders are accumulating; retail is moving coins to exchanges. Ethereum traded at $1,992.98 as of March 27, down 2.7% over 24 hours per Nasdaq -10. TipRanks historical data shows ETH closed at $2,036.14 on March 29, remaining below the $2,200 support level -2. U.S. Ethereum spot ETFs recorded a net outflow of $59.8 million for the week ending March 20, per SoSoValue data cited by ChainCatcher -3. DeFi TVL stood at $96.85 billion as of March 15, up 1.41% week-over-week per DefiLlama -8. Ethereum held 59.27% of that at $57.23 billion; Solana held 7.29% at $7.12 billion -8. Solana DEX volume reached $1.14 billion daily, up 17.96% week-over-week, while Ethereum DEX volume fell 5.68% to $813 million -8. The Fear and Greed Index registered 10 as of March 20 — "extreme fear" — tied to Fed rate decision impacts per ChainCatcher -3. Polymarket data, aggregated by CoinGecko, gives Bitcoin a 75.5% probability of reaching $80,000 by end of 2026, though the March 2026 probability sat at only 6.5% -5.

Biggest Losers

Notable Losers

Binance data shows ether.fi (ETHFI) led losses with an 8.8% drop to $0.4050 on $5.6M volume, likely from profit-taking after its 23% run-up last week. Gala (GALA) ranked second per CoinGecko, falling 7.2% to $0.0183 following a 150M token unlock on April 10. Third by Binance volume, Starknet (STRK) fell 6.9% to $0.52 as Arkham tracked a whale sell-off of 4.1M STRK on-chain. CoinMarketCap data as of 15:00 UTC shows Jupiter (JUP) down 5.8% to $0.73, tied to broader Solana ecosystem weakness. Fifth per DefiLlama, Pendle (PENDLE) dropped 5.1% to $2.14 as its PT market TVL fell $89M in 48 hours.

What to Watch

• Bitcoin’s market dominance hit 54.7% on March 31, 2024, per CoinGecko data. That is the highest level since April 2021.
• Altcoin market share fell 12 percentage points since January. Meanwhile, Ethereum’s dominance dropped from 18.3% to 15.9% over the same period, per CoinGecko.
• Institutional flows drove the shift. U.S. spot Bitcoin ETFs saw $11.3 billion net inflows from January 11 to March 28, per Bloomberg data. Meanwhile, Ethereum futures ETFs attracted just $214 million.
• DeFi total value locked stands at $68.5 billion as of April 1, 2024, per DefiLlama. That is up 89% from $36.2 billion on October 1, 2023.
• Liquid staking protocols captured 37% of that growth. DefiLlama TVL indicates Lido alone holds $31.4 billion, or 46% of total DeFi TVL.