Bitcoin: $97645.34 1.28% 
Ethereum: $3406.38 2.87% 
Tether: $1.00 0.1% 
Solana: $255.74 0.38% 
BNB: $651.93 4.43% 
XRP: $1.44 1.84% 
Dogecoin: $0.42 3.27% 
USDC: $1.00 0.03% 
Cardano: $1.04 7.81% 
Lido Staked ETH: $3389.31 2.41% 
TRON: $0.21 6.69% 
Avalanche: $41.62 5.67% 
Shiba Inu: $0.00 2.15% 
Stellar: $0.50 67.09% 
Wrapped Bitcoin: $97473.81 1.2% 
Polkadot: $8.48 34.42% 
Chainlink: $17.46 12.06% 
Bitcoin Cash: $504.89 3.35% 
UNUS SED LEO: $8.61 1.43% 
NEAR Protocol: $6.10 7.69% 
Litecoin: $98.06 8.54% 
Uniswap: $10.84 14.31% 
Multi Collateral DAI: $1.00 0.01% 
Internet Computer: $11.21 10.73% 
Crypto.com Coin: $0.19 2.92% 
Sp8de: $0.59 12.92% 
Ethereum Classic: $29.44 5.19% 
Artificial Superintelligence Alliance: $1.36 9.95% 
VeChain: $0.04 27.36% 
Filecoin: $5.33 12.56% 
Stacks: $2.06 5.17% 
OKB: $50.53 9.72% 
Monero: $160.03 0.79% 
Aave: $175.37 6.03% 
Algorand: $0.30 22.93% 
Fantom: $0.87 19.99% 
The Graph: $0.24 11.43% 
Hedera Hashgraph: $0.15 10.68% 
Injective: $27.73 13.05% 
Cosmos: $8.14 10.85% 
THORChain: $5.60 5.86% 
THETA: $1.89 11.78% 
MANTRA DAO: $3.62 1.15% 
Raydium: $5.95 1.57% 
Maker: $1648.04 0.49% 
Arweave: $21.93 24.32% 
Bitcoin SV: $70.49 4.28% 
KuCoin Token: $11.43 3.11% 
Polygon: $0.57 21.2% 
Flow: $0.82 14.28% 
Quant: $100.69 16.98% 
Gala: $0.03 14.47% 
Lido DAO: $1.33 8.52% 
EOS: $0.76 6.99% 
Tezos: $1.13 2.75% 
Axie Infinity: $6.63 11.93% 
Neo: $14.43 8.16% 
Helium: $5.77 6.17% 
The Sandbox: $0.41 14.56% 
Decentraland: $0.51 17.97% 
GateToken: $10.99 8.32% 
Akash Network: $3.89 4.03% 
AIOZ Network: $0.81 11.74% 
eCash: $0.00 2.2% 
Nexo: $1.35 3.52% 
Pendle: $5.26 4.8% 
MultiversX: $35.34 16.47% 
Mina: $0.71 6.28% 
FTX Token: $2.47 1.78% 
Zcash: $47.89 5.72% 
Conflux: $0.17 9.49% 
Chiliz: $0.08 10.57% 
IOTA: $0.22 18.22% 
Gnosis: $272.84 4.67% 
Oasis: $0.09 13.2% 
XinFin Network: $0.05 16.54% 
SuperVerse: $1.31 6.52% 
PancakeSwap: $2.16 10.51% 
Curve DAO Token: $0.50 12.28% 
Nervos Network: $0.01 5.88% 
Kusama: $38.63 77.76% 
Compound: $63.92 18.06% 
Kava: $0.49 7.05% 
TrueUSD: $1.00 0.05% 
NXM: $73.23 4.97% 
Theta Fuel: $0.07 4.84% 
DeXe: $8.24 1.14% 
1inch Network: $0.36 6.19% 
Synthetix: $1.98 9.66% 
Zilliqa: $0.02 14% 
WOO: $0.24 11.34% 
Celo: $0.79 9.52% 
Reserve Rights: $0.01 8.47% 
Trust Wallet Token: $1.01 4.5% 
Livepeer: $11.58 10.27% 
IoTeX: $0.04 3.71% 
Amp: $0.01 7.62% 
Enjin Coin: $0.23 13.46% 
Holo: $0.00 9.46% 
Dash: $32.90 11.87% 
Bitcoin and Bitcoin Miners Performance
In this week's edition of Talk and Investing, Tom discusses the performance of Bitcoin and Bitcoin miners over the past week. Bitcoin saw a significant 9% increase, resulting in a positive week for many Bitcoin miners. However, some miners experienced losses. Bit Farms and Clean Spark were the top performers, with gains of 33% and 28% respectively. On the other hand, some miners like Moss and GRE saw notable losses, indicating the varied performance within the sector.
Analysis of Bitcoin Spot ETFs
Tom delves into the analysis of Bitcoin spot ETFs, highlighting the recent inflows and outflows in these funds. He notes a substantial increase in inflows over the last seven days, signaling growing investor interest. Additionally, the grayscale Bitcoin trust experienced significant outflows, potentially due to Genesis selling shares valued at $1.6 billion. Despite the outflows, the market has been able to absorb the changes. Tom emphasizes the importance of monitoring these ETFs for potential impacts on the market.
Year-to-Date Performance
Looking at the year-to-date performance of Bitcoin and Bitcoin miners, Tom outlines the varying returns within the sector. Clean Spark has emerged as a standout performer, outpacing Bitcoin with a 62% gain. Bit Farms and Marathon also showed strong performance, while other miners lagged behind. This analysis underscores the importance of evaluating individual miner performance in the context of the overall market trends.
Historical Performance and Market OutlookTom examines historical performance metrics of Bitcoin miners since previous market peaks, providing insights into potential future trends. Clean Spark's outperformance stands out, indicating the diverse opportunities within the sector. Tom also compares Bitcoin's current performance to its historical lows, highlighting the potential for future growth. He emphasizes the importance of considering market dynamics and individual miner performance for informed investment decisions.
Bitcoin Chart Analysis
Concluding the blog post, Tom looks at the Bitcoin chart on a weekly timeframe, discussing recent price movements and market trends. While Bitcoin has seen significant gains, there are indications of a potential pullback due to overbought conditions. Despite short-term uncertainties, Tom remains bullish on Bitcoin's potential for the coming years. He encourages readers to share their price targets and investment opinions in the comments section.
