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.

STOM July 30-August 4, 2021
Bitcoin and Ethereum price action diverged over the past week. Bitcoin continued to pull back from last week’s highs and

SOTM JULY 22-29, 2021
We have upward momentum once again. The asset class has seen broad week over week gains for the first week

SOTM July 15-21, 2021
This week was a tough one as markets tested the lows again. Volume continued to decline across exchanges while Bitcoin

SOTM July 8-14, 2021
Volume continued to decline across the markets this week as the summer trading session moves on. Both Bitcoin and Ethereum

SOTM JULY 1-7, 2021
6The past week was quiet as a large swath of market participants were out enjoying the summer holiday. Both Bitcoin

SOTM Jun 24-30, 2021
Trading activity has been muted over the past week. Trading volumes continue to decline and futures open interest is down

SOTM Jun 17-23, 2021
A tough week for projects and investors in cryptocurrency as the markets fell lower following additional news of stricter regulations

SOTM JUN 10-16, 2021
Trade the chop. The past week was a fairly quiet period for an asset class synonymous with volatility. Bitcoin and

SOTM JUN 3-9, 2021
The news from El Salvador cured the market’s post-Miami hangover. Earlier in the week Bitcoin tested lows nearing $30,000 after

SOTM MAY 27- JUN 6, 2021
Market action was relatively muted over the past week as the saying “sell in May and go away” may have

SOTM May 20-26, 2021
The selling will continue until morale improves. Over the past seven days we have seen a possible reversal in short

SOTM May 13-19, 2021
In retrospect, it was inevitable. This past week we saw a pullback in markets, leading to a selloff that brought