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SOTM April 29 – May 5, 2021

A lot happened in the past week aside from the continued Dogecoin run, despite what most coverage would have you think. Ethereum broke new highs again this week and continues to drift up above $3,500 riding a narrative of DeFi adoption and possible institutional interest. Bitcoin continues to chop in a wide range between $50 -58k with realized volatility continuing to climb to levels not seen in over a month. As Bitcoin’s price has plateaued the other legacy “blue chips” have made gains such as LTC, ZEC and XLM.
The post SOTM April 29 – May 5, 2021 appeared first on Coin Metrics .

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