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 January 26-February 1, 2023
This week the market told the Fed to take a hike, with CME’s Federal Fund futures pricing in a near-99%

SOTM January 19-25, 2023
The Layer-1 era has returned, with base-level blockchains booming amid a mass migration of dApps and NFT projects. Among a

SOTM January 12-18, 2023
Bitcoin spent the week teasing traders with a taste of $20K, as easing inflation & heightened enforcement offered mixed signals

SOTM January 5-11, 2023
Even as Bitcoin eyes $19K and Grayscale’s GBTC discount narrows, many investors are steering clear, anxiously waiting for the last

SOTM December 29-January 4, 2023
Investors were in no mood to celebrate Bitcoin’s 14th birthday, though the ongoing liquidity crunch has been a gift to

SOTM December 22-28, 2022
The weather outside is frightful, with frigid headwinds battering crypto on multiple fronts heading into 2023. As record-setting freezes grip

SOTM December 15-21, 2022
In the depths of crypto winter, FTX executives are home for the holidays. After a brief stint in a Bahamian

SOTM December 15-21, 2022
In the depths of crypto winter, FTX executives are home for the holidays. After a brief stint in a Bahamian

SOTM December 8-14, 2022
Investors better not pout about Powell’s December rate raise— following 4 consecutive 75 basis point hikes, 50 bps is hardly

SOTM December 1-7, 2022
The slow motion car-crash of crypto contagion is gradually losing momentum as investors cautiously settle into the post-FTX era. Make

SOTM November 24-30, 2022
Disgraced crypto kingpin Sam Bankman-Fried continues to command the spotlight, airing apologies for FTX’s failure on a variety of primetime

SOTM November 10-16, 2022
“We got overconfident and careless.” One week post-FTX implosion, ex-CEO Sam Bankman-Fried turns to Twitter to plead his case. Sam