This Week in Coins

Jun 3

This Week in Coins: XRP, Litecoin and Solana Outpace Bitcoin in Week of Small Gains

Illustration by Mitchell Preffer for Decrypt. Markets managed to finally overcome four weeks of inertia and grow a little this week, but perennial leaders Bitcoin and Ethereum remained virtually flat, with only nominal gains over the last seven days. Bitcoin (BTC) added 1.8% this week and traded on Saturday at around $27,189. It briefly reclaimed $28,000 at the start of the week, however, after U.S. lawmakers ended their standoff over the debt ceiling last weekend with a tentative deal. Ethereu

May 13

This Week in Coins: Bitcoin and Ethereum Lead Market Pullback as Dollar Rises

Illustration by Mitchell Preffer for Decrypt. Despite a small midweek growth spurt on news that the U.S. Department of Labor’s inflation readings were lower than expected, Bitcoin (BTC) and Ethereum (ETH) entered the weekend with moderate losses over the last seven days. Bitcoin is down 7.9% and trades for $26,817. Even the news that the Principality of Liechtenstein will soon accept it as payment for state services could not stop the biggest cryptocurrency by market capitalization from posting

May 6

This Week in Coins: Bitcoin and Ethereum Stand Still After Fed Rate Hike

Illustration by Mitchell Preffer for Decrypt. After posting small gains last weekend, the price growth of crypto market leaders Bitcoin (BTC) and Ethereum (ETH) slowed to effectively nothing this week. Bitcoin remains at the level it was this time last weekend, hovering around $28.820, a decrease of about 5% from its April high of $30,979 set nearly three weeks ago but still about 77% up from the start of January when the price was $16,615. Ethereum added 4.2% to its value over the seven days

Apr 29

This Week in Coins: Bitcoin, ICP and Solana Lead Small Market-Wide Rally

This week in coins. Illustration by Mitchell Preffer for Decrypt. Most of the top thirty cryptocurrencies by market capitalization have appreciated in value over the last seven days, with Bitcoin (BTC), Solana (SOL), and the Internet Computer Project (ICP) leading the rally. Bitcoin is around 7.5% pricier than it was this time last weekend and trades for $29,295 as of this writing. On Monday, the world’s favorite cryptocurrency slipped down to $27,500, but on Wednesday, it reclaimed $29,000 af

Apr 22

Bitcoin, Ethereum, XRP, and Litecoin. Image: Shutterstock

This Week in Coins: Market Slumps as Bitcoin and Ethereum Drop Over 10%

This week in coins. Illustration by Mitchell Preffer for Decrypt. There was a limit to crypto’s growth this week as the market is still pricing the effects of another possible interest rate hike from the Fed. These indications led to a strengthened dollar, but halted the crypto rally of the previous week, which was spurred on when Ethereum’s “Shapella” upgrade went live. This week’s news was a veritable feast of regulation stories in both the United States and the European Union, with the drama

Apr 16

This Week in Coins: Bitcoin Recovers $30K as Ethereum’s 'Shapella' Goes Live

This week in coins. Illustration by Mitchell Preffer for Decrypt. While the Bitcoin and Ethereum’s price rallies over the last seven days are, numerically speaking, not particularly notable, given their long histories of sometimes explosive price movement, there was a definite sense that it was still a significant week for both. Bitcoin (BTC) rose 7.6% to its current price of $30,146, meaning that it finally recrossed the $30,000 support barrier for the first time in nine months and has managed

Apr 8

This Week in Coins: Bitcoin and Ethereum Unmoved, Musk Makes Dogecoin Noise

This week in coins. Illustration by Mitchell Preffer for Decrypt. It was a relatively quiet news week in the cryptoverse, reflected by the fact that barely any of the top cryptocurrencies by market capitalization moved dramatically in the past seven days. Market leader Bitcoin (BTC), which has a market cap of well over half a trillion dollars, entered the weekend down a marginal 1.4% from seven days ago. It currently trades at $28,030 according to CoinGecko. Ethereum (ETH) went in the opposi

Mar 25

This Week in Coins: Investors Rehash Bitcoin's 'Safe-Haven' Status as DeSantis Takes Aim at CBDCs

This week in coins. Illustration by Mitchell Preffer for Decrypt. Last week’s crypto mega rally slowed this week. Still, many leading coins still posted double-digit gains over the last seven days. The upward price action was escalated by the crisis hitting Credit Suisse, which last Wednesday needed a $54 billion loan from Swiss National Bank to shore up liquidity. By Sunday, there was an announcement that domestic rival UBS agreed to buy the ailing bank in an emergency deal worth over $3 billio

Mar 18

This Week in Coins: Bitcoin, Ethereum Post Mega Rallies After Banking Intervention

This week in coins. Illustration by Mitchell Preffer for Decrypt. After three consecutive weeks of losses, prices turned verdantly green for holders of the two largest cryptocurrencies by market cap this week. Bitcoin (BTC) blew up 36% over the past seven days and now trades at around $27,515 according to CoinMarketCap data. Last week, Bitcoin shed around 10% in reaction to news that the industry-servicing Signature Bank and Silicon Valley Bank (SVB) had both failed. The industry’s No. 2 coin

Mar 11

This Week in Coins: After Silvergate and Silicon Valley Bank Collapse, Bitcoin and Ethereum Crash

This week in coins. Illustration by Mitchell Preffer for Decrypt. It was the third consecutive week of market-wide depreciation in 2023. The repercussions of the announced "wind down" of Silvergate Bank were still unfolding when Silicon Valley Bank failed. Market leaders Bitcoin and Ethereum saw heavy losses, but they weren’t the only losers: virtually every leading cryptocurrency is down by double-digit percentages coming into the weekend. The markets were first roiled by the demise of crypt

Mar 4

This Week in Coins: First Two Weeks of Straight Losses in 2023, Bitcoin and Ethereum Dip

This week in coins. Illustration by Mitchell Preffer for Decrypt. It was the second consecutive week of straight losses for leading cryptocurrencies. The start of the third month of the year comes off the back of the first two weeks of losses in 2023. Considering that the end of 2022 was a virtual freefall for the whole market, it’s too early to say whether crypto has stumbled back into the woods or not. The pullback this week appeared to be a reaction to news that crypto bank Silvergate delay

Feb 25

Bitcoin and Ethereum. Image: Shutterstock

This Week in Coins: Bitcoin, Ethereum Dip as Crypto Market Sheds $58B

This week in coins. Illustration by Mitchell Preffer for Decrypt. It was a week of all-around losses, with holders of the two biggest cryptocurrencies by market capitalization also hit by the bearish price action. Market leader Bitcoin (BTC) only depreciated by 6% over the last seven days and currently changes hands at $23,136, according to CoinGecko. Ethereum posted a slightly lighter loss of 7% over the same period to land on $1,604 at the start of the weekend. Beyond the market leaders, it wa

Feb 11

SEC Chair Gary Gensler in 2013. Image: Third Way Think Tank (CC BY-NC-ND 2.0)

This Week in Coins: Bitcoin, Ethereum See First Week of Losses This Year

This week in coins. Illustration by Mitchell Preffer for Decrypt. Those hoping for a 2023 Bitcoin bull run will have to keep waiting. Most of the leading cryptocurrencies posted pronounced losses in value over the past week, putting a damper on the near-continuous market gains seen since the start of the new year. Bitcoin (BTC) took its biggest intraweek loss of the year so far. The world’s top cryptocurrency by market cap sank 7.5% over the last seven days to $21,760 at the start of the weeken

Feb 4

This Week in Coins: Bitcoin Barely Budges, But Render and SHIB Surge

This week in coins. Illustration by Mitchell Preffer for Decrypt. After briefly dipping last week, Bitcoin and Ethereum continued their steady 2023 growth with modest gains this week. All the while, however, several other leading cryptocurrencies posted sizable rallies. Bitcoin (BTC) added just over 1% to its value over the last seven days, currently trading just above $23,400. Bitcoin mining difficulty hit a new all-time high this week as miners continue to deploy more hardware to mine the lar

Jan 21

This Week in Coins: Bitcoin and Ethereum Rise, Solana Rises Most

This week in coins. Illustration by Mitchell Preffer for Decrypt. The third full week of 2023 was also the third consecutive week of market-wide gains for all the top cryptocurrencies. Market leaders Bitcoin and Ethereum have kept pace with each other to once more bring crypto’s total market capitalization back above a trillion. Crypto investors may feel like we’ve gone back to the heady days of Bitcoin’s bull run—though of course we’re far from its 2021 highs. Bitcoin (BTC) blew up 16% over t

Jan 14

Bitcoin pushed markets into greener territory. Image: Shutterstock

This Week in Coins: 2023 Green Streak Continues for Bitcoin, Ethereum, Solana, Avalanche

This week in coins. Illustration by Mitchell Preffer for Decrypt. Knock on wood, but it’s two weeks into 2023, and crypto’s green shoots haven’t been clipped yet. None of crypto’s top 20 coins posted substantial losses this week. Bitcoin (BTC) and Ethereum (ETH) flew higher on encouraging signs that U.S. inflation slowed in December. BTC pushed past $19,000 on Thursday for the first time since just before the collapse of FTX in early November, thanks to news from the Bureau of Labor and Statist

Jan 7

Image: Solana, Polygon, and Ethereum logos

This Week in Coins: Solana Rallies as Crypto Market Sees Green to Start 2023

This week in coins. Illustration by Mitchell Preffer for Decrypt. In the first week of the new year, the leading cryptocurrencies are all in the green after a brutal 2022. None of the top 20 cryptocurrencies posted major losses this week. Bitcoin (BTC) and Ethereum (ETH) both sustained modest appreciation throughout the entire week and are up 2% and 5%, respectively, over the past seven days, according to CoinMarketCap data. Bitcoin currently changes hands at $16,922. Ethereum at around $1,263

Dec 31

Ethereum and Solana are two leading layer-1 blockchain networks. Image: Shutterstock

Bitcoin and Ethereum Flat in Final Week of 2022, Solana and Dogecoin Down Bad

This week in coins. Illustration by Mitchell Preffer for Decrypt. The top two cryptocurrencies remain practically unchanged since last weekend to close out 2022, a brutal year overall for coin prices. Bitcoin (BTC) and Ethereum (ETH) both fell 1.5% over the last seven days, with the former changing hands at $16,557 and the latter worth about $1,192 at the time of writing, according to CoinMarketCap data. The Bitcoin network started the week with a handicap after several leading U.S. miners susp

Dec 24

Bitcoin's volatility has dropped significantly over the past several months. Image: Shutterstock.

This Week in Coins: Bitcoin, Ethereum See Modest Gains Heading Into Christmas

This week in coins. Illustration by Mitchell Preffer for Decrypt. The crypto market is limping into the new year, but the week heading into Christmas brought very modest gains for the two leading coins. As of Saturday morning, Bitcoin (BTC) is up nearly 1% over the past seven days and Ethereum (ETH) is up nearly 4%, according to CoinMarketCap data. Top memecoin Dogecoin faced notably heavier losses this week. The value of one DOGE is 8.8% lower than it was this time last week and it currently

Dec 17

A shiba inu is the mascot of Dogecoin. Image: Shutterstock

This Week in Coins: Bitcoin and Ethereum Fall With Stocks, Dogecoin Dives 20%

This week in coins. Illustration by Mitchell Preffer for Decrypt. With Sam Bankman-Fried charged and behind bars and FTX’s implosion beginning to fade (ever so slightly) into the rearview mirror, this week saw coin prices finally start to act normal. And that meant: just as turbulent as the stock market. Bitcoin (BTC) and Ethereum (ETH) moved in lockstep with Wall Street this week, cresting on Wednesday in anticipation of a rosy interest rate update from the Federal Reserve, following better-th

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