After a phenomenal run, Bitcoin cooled down. The price of Bitcoin is now at $51,064, after a modest 2% weekly drop.
Cash had flooded into the market as retail investors showed interest in the newly approved spot exchange-traded funds (ETFs), but that has finally slowed.
Still, the asset is up significantly since the start of the year, when it was trading for $42,245 per coin.
But Ethereum (ETH) has been the star of the week. The price of ETH crossed the $3,000 mark for the first time since April 2022, and now it’s trading for $2,956, a 6% jump over the past seven days.
Investors are interested in the asset again as more major Wall Street firms apply to release a spot Ethereum ETF. The SEC has until May to approve or deny such a product.
And Uniswap (UNI), the 16th biggest token, is doing really well: it’s up 66% this week and priced at $12.41. It shot up sharply yesterday on news that the…
