1/6 New Coin Metrics Weekly State of the Market Report

Bitcoin hit a new all-time high passing $113K and Ethereum surged past $2,800, as ETF inflows and infrastructure integrations drove markets higher.

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

Highlights:

– $BTC has now passed $113K and $ETH broke $2,800 amid continued spot ETF inflows and macro tailwinds.

– @OKX partnered with @Circle to enable 1:1 $USD–$USDC conversions for 60M+ users, improving fiat on/off ramps.

– Circle is pursuing a U.S. national banking license to manage $USDC reserves and offer digital asset custody services.

– @Bullish joined forces with the @solana Foundation to use Solana-native stablecoins as core trading infrastructure.

– @Phantom wallet added direct perp futures trading via @HyperliquidX, giving EU users access to 100+ markets.

Read the full report for more data and insights.