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 September 30-October 6, 2021
Gradually, then suddenly. The Earnest Hemmingway line on bankruptcy applies well to the past week’s Bitcoin price action.. After retreating

SOTM September 23-29, 2021
The market-wide risk-off sentiment continued this week as we continued to trade the chop. Last Friday, the asset class pulled

SOTM September 16-22, 2021
Volatility picked up this week as we moved in on the futures and options expiration for September. Selling picked up

SOTM September 9-15, 2021
Markets remained flat this week following a slight recovery from last week’s pullback. Bitcoin currently trades around $48k and Ethereum

SOTM September 2-8, 2021
Last week we noted that open interest was once again increasing, and this week a good portion of that was

SOTM August 26-September 1, 2021
This time is different; well maybe not. Regulation is looming, Defi summer of 2020 is now NFT summer of 2021,

SOTM August 19-25, 2021
The chart from the past week resembles the “Bart” pattern which is all too familiar to traders in the space.

SOTM August 12-18, 2021
Both Bitcoin and Ethereum pushed higher this past week with Bitcoin briefly breaching $48,000 and Ethereum reaching around $3,300. Prices

SOTM August 5-11, 2021
It feels like the bulls are back again. Over the past week the crypto community rallied together to help lobby

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