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 June 5-11, 2025
BTC Nears All-Time Highs | Circle Soars After IPO | Gemini and Bullish File for IPO | Stripe Acquires Privy
SOTM May 29 – June 4, 2025
Circle Begins Trading on NYSE | Robinhood Acquires Bitstamp | SEC Clarifies Certain Staking Activities are not Securities | Ethereum
SOTM May 22 – May 28, 2025
Trump Media raises $2.5 B Bitcoin treasury | SharpLink backs ETH with $425 M | Circle eyes $6 B IPO,
SOTM May 15 – May 21, 2025
BTC hits record $111.5K ATH on ETF inflows, corporate treasuries & U.S. regulation optimism | GENIUS bill clears Senate vote
SOTM May 8 – May 14, 2025
Crypto markets rally as U.S.-UK & U.S.-China trade talks advance | BTC $104K; ETH $2,500 post-Pectra | Coinbase joins S&P
SOTM April 24 – April 30, 2025
Bitcoin Holds Near $94K | U.S. Spot ETFs See Over $3B in Inflows | Strategy Buys $1.4B in BTC |
SOTM April 17 – April 23, 2025
Bitcoin Reclaims $94K | Tether, Cantor Fitzgerald, and SoftBank Launch “Twenty One Capital” | Circle Unveils Circle Payments Network |
SOTM April 10 – April 16, 2025
Crypto Markets Stabilize with Bitcoin Trading Near $85K | Strategy Acquires More BTC | Visa Joins USDG Stablecoin Consortium |
SOTM April 3 – April 9, 2025
Market Volatility Following Trump’s Retaliatory Tariffs | Ripple Set to Acquire Hidden Road for $1.25B | Fidelity Launches no-fee Crypto
SOTM March 27 – April 2, 2025
Bitcoin Briefly Rises to $87K Ahead of Trump’s Reciprocal Tariff Announcement | Circle Files for IPO | MicroStrategy Adds More
SOTM March 20 – March 26, 2025
Fidelity Plans to Launch Stablecoin | Custodia Bank Launches First U.S. Bank-Issued Stablecoin | BlackRock’s BUIDL Fund Crosses $1.8B in
SOTM March 13 – March 19, 2025
Bitcoin Rebounds Past $85k | Ethena Labs and Securitize Announce Converge | Coinbase Launches Verified Pools on Base | SOL
