State of the Market is a weekly newsletter contextualizing the week’s crypto market movements with concise commentary from the Coin Metrics team, rich visuals, and timely data.

SOTM June 26-July 2, 2025
BTC Nears ATHs | BitMine Raises $250M to Build ETH Treasury | Robinhood Launches Tokenized Stocks | Backed Finance Partners

SOTM June 19-25, 2025
Crypto Markets Rebound Following Geopolitical Tensions | Metaplanet Purchases 1,234 BTC | Codex Launches Mainnet with Native USDC Support |OKX

SOTM June 12-18, 2025
Crypto Markets Dip | U.S. Senate Passes GENIUS Act | Coinbase Unveils Coinbase Payments | JPMorgan to Pilot JPMD on

SOTM June 5-11, 2025
BTC Nears All-Time Highs | Circle Soars After IPO | Gemini and Bullish File for IPO | Stripe Acquires Privy

SOTM May 29 – June 4, 2025
Circle Begins Trading on NYSE | Robinhood Acquires Bitstamp | SEC Clarifies Certain Staking Activities are not Securities | Ethereum

SOTM May 22 – May 28, 2025
Trump Media raises $2.5 B Bitcoin treasury | SharpLink backs ETH with $425 M | Circle eyes $6 B IPO,

SOTM May 15 – May 21, 2025
BTC hits record $111.5K ATH on ETF inflows, corporate treasuries & U.S. regulation optimism | GENIUS bill clears Senate vote

SOTM May 8 – May 14, 2025
Crypto markets rally as U.S.-UK & U.S.-China trade talks advance | BTC $104K; ETH $2,500 post-Pectra | Coinbase joins S&P

SOTM April 24 – April 30, 2025
Bitcoin Holds Near $94K | U.S. Spot ETFs See Over $3B in Inflows | Strategy Buys $1.4B in BTC |

SOTM April 17 – April 23, 2025
Bitcoin Reclaims $94K | Tether, Cantor Fitzgerald, and SoftBank Launch “Twenty One Capital” | Circle Unveils Circle Payments Network |

SOTM April 10 – April 16, 2025
Crypto Markets Stabilize with Bitcoin Trading Near $85K | Strategy Acquires More BTC | Visa Joins USDG Stablecoin Consortium |

SOTM April 3 – April 9, 2025
Market Volatility Following Trump’s Retaliatory Tariffs | Ripple Set to Acquire Hidden Road for $1.25B | Fidelity Launches no-fee Crypto