SOTM Dec 14-20, 2023
Welcome to our 151st issue of State of the Market, where we provide an overview of crypto market activity from December 14 - 20, 2023. SOL flips XRP to become the 5th-largest crypto asset by market cap, burgeoned by enthusiasm [...]
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SOTM February 1-15, 2021
The bull market rages on. The aging euphoria was renewed earlier this month when Tesla announced that they had added $1.5B of Bitcoin to their balance sheet. This news sent the price back over $40k on speculation that other large [...]
SotM January 2021
Another month of records for the asset class with both Bitcoin and Ethereum breaking into new all-time high prices. After a volatile swing at the beginning of the month, Bitcoin broke about $40,000 per coin and briey traded above $42,000 [...]
SotM December 2020
December 2020 will go down in the record books as a breakout month for cryptocurrencies. Bitcoin broke all time highs at over $29k, more than $10k over the prior high set in December 2017. Ethereum's performance followed Bitcoin but has [...]
SotM November 2020
November was a strong month across the board for the top cryptocurrencies as most large caps saw double digit 30-day percentage increases, with Bitcoin (BTC) increasing 40% and Ethereum (ETH) increasing 54% on the month.
SotM October 2020
Almost as quickly as it began, the Decentralized Finance (DeFi) mania subsided in October. With enthusiasm for DeFi waning, many DeFi assets saw losses for the month. That said, Ethereum (ETH) activity continued its hot streak, with ETH active addresses [...]
SotM September 2020
After months of positive growth for large cap crypto assets, most saw declines in early September. Bitcoin fell back to its early summer level, only to regain some ground in the back half of the month to close out September [...]