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CoinMetrics.io | 𝕏

1/6 🧵NEW Weekly Coin Metrics State of the Market Report:

Crypto markets rebounded as Bitcoin surged past $94K, showing early signs of decoupling from equities amid dollar weakness. Meanwhile, @Tether_to, Cantor Fitzgerald, and @SoftBank unveiled a new $BTC investment firm, and stablecoin competition intensified with fresh moves from @Circle and @PayPal.

Get the full breakdown from @coinmetrics – link in replies.

Highlights:

- $BTC hit $94K as capital rotated out of equities and the U.S. dollar, fueling short-term decoupling between Bitcoin and traditional markets.

- Tether, Cantor Fitzgerald, and SoftBank launched “Twenty One Capital” with @Strike's @JackMallers - set to debut with over 42K $BTC, making it the third-largest corporate treasury.

- Circle announced the Circle Payments Network, a global cross-border platform connecting $USDC and $EURC with financial institutions for real-time settlement.

- PayPal will begin offering a 3.7% annual yield on $PYUSD...

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🌐 Прилетело из @BizFeed
CoinMetrics.io | 𝕏

2/6 Current Cryptocurrency Market Cap. Total MC rebounded from $2.65T to $2.93T over the past week, with $BTC's Market Cap jumping to $1.86T from $1.67T. $BTC dominance once again increased, rising to 63.5% from 63.1%.

CM State of the Market >> https://coinmetrics.io/state-of-the-market/sotm-april-17-april-23-2025/

🌐 Прилетело из @BizFeed
CoinMetrics.io | 𝕏

3/6 7-Day Change in top cryptoasset prices based on @coinmetrics Reference Rates.

Crypto markets rallied with $BTC up +10.18% on the week, closing at $93,416.01 as of April 23rd. Top altcoin performers included $LINK (+19.08%), $AVAX (+16.43%), $DOGE (+14.03%), $ADA (+12.88%), $ETH (+12.65%), and $SOL (+12.62%). Only $TRX posted a slight decline (-0.96%), as momentum remained strong across the board.

CM State of the Market >> https://coinmetrics.io/state-of-the-market/sotm-april-17-april-23-2025/

🌐 Прилетело из @BizFeed
CoinMetrics.io | 𝕏

4/6 Cryptoasset sector performance was broadly positive this week, with gains across every major category tracked by @coinmetrics.

The metaverse and information technology sectors led the way with +22% growth each, followed by application utilities (+21%), decentralized finance (+15%), and claim tokens (+14%). Stablecoins posted a more modest rise of +0.71%.

CM State of the Market >> https://coinmetrics.io/state-of-the-market/sotm-april-17-april-23-2025/

🌐 Прилетело из @BizFeed
CoinMetrics.io | 𝕏

5/6 Crypto market movements – of the top tokens tracked by @coinmetrics, advancing volume dominated: $238.6B vs. $25.5B declining - more than 9x higher.

A total of 958 assets advanced, while just 277 declined. $BTC perpetuals saw a sharp spike in short liquidations toward the end of the week, marking a potential short squeeze and continuation of bullish momentum.

CM State of the Market >> https://coinmetrics.io/state-of-the-market/sotm-april-17-april-23-2025/

🌐 Прилетело из @BizFeed
CoinMetrics.io | 𝕏

6/6 Wallet activity remained mixed across major crypto networks tracked by @coinmetrics.

The biggest increases in active addresses came from $XRP (+69.84%), $LINK (+46.96%), $UNI (+40.11%), and $ADA (+36.64%). On the downside, $FTT (-29.81%), $ETH (-6.92%), and $CRO (-1.63%) posted the steepest declines. $BTC activity dipped -2.40% week-over-week.

CM State of the Market >> https://coinmetrics.io/state-of-the-market/sotm-april-17-april-23-2025/

🌐 Прилетело из @BizFeed
CoinMetrics.io | 𝕏

RT @CM_Precog: Precog SN55 in the House

Sr Data Scientist Uriel Morone @urithescientist & BD Director Ryan Duthe @RDuthe kicking things off at the Bittensor @endgame_summit Hacker House in Austin

Excited to connect with the community & share how we’re advancing decentralized forecasting

$TAO

🌐 Прилетело из @BizFeed
📊 NEW: $BTC now makes up 63% of the total crypto market cap, its highest level since early 2021.

@Cointelegraph

News | Markets | YouTube

🌐 Прилетело из @cointelegraph
🌐 Прилетело из @rektplebs
Comprehensive master list to access key founder contacts, discover native Hyperliquid projects, and track active points programs across protocols on HyperEVM - 𝕏/@kirbyongeo
🏷️ Hyperliquid, HyperEVM

🌐 Прилетело из @leviathan_news
Curve Finance | 𝕏🧵

RLUSD pool from @Ripple is second by volume today, also distributing healthy incentives
~
₿izFeed#⃣: #curve

🌐 Прилетело из @BizFeed
Curve Finance | 𝕏🧵

Interesting pools popping up
~
₿izFeed#⃣: #curve

🌐 Прилетело из @BizFeed
Curve Finance | 𝕏🧵

RT @NapierFinance: cUSDO (OpenEden) on Napier

Casually hit top-3 among Curve crypto pools.

Curve.
~
₿izFeed#⃣: #curve

🌐 Прилетело из @BizFeed
Curve Finance | 𝕏🧵

Some Curve followers might have noticed that this week's fee distribution is lower than expected.
This is due to a glitch in the CowSwap orders used for the conversion fees.

Most of this week's fees distribution (~$170k USD) will be added to the upcoming one.
~
₿izFeed#⃣: #curve

🌐 Прилетело из @BizFeed