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This Week in Coins: Bitcoin and Ethereum Set ATHs, Solana briefly Flips Tether

This week in coins. Illustration by Mitchell Preffer for Decrypt.
Bitcoin and Ethereum got off to a flying start on Monday when they both set all-time highs. 
Bitcoin flew past the $67,600 threshold and continued to rally till Wednesday when it set an ATH of $68,789. Meanwhile, Ethereum crossed $4,800 on Monday and landed on $4,859 by Wednesday. 
Bitcoin and Ethereum are the two leading cryptocurrencies by global market capitalization, coming in first and second place respectively. This week the combined market cap of the entire crypto market hit $3 trillion. Bitcoin accounts for over $1.2 trillion, while Ethereum covers about half a trillion. 
Much of Bitcoin’s gains at the end of last month were spurred by the launch of Proshares’s Bitcoin Futures ETF–a regulated financial instrument that tracks the prices of Bitcoin Futures. While another Bitcoin Futures ETF was approved by the United States Securities and Exchange Commission not long after, this time by digital asset manag

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