Illustration by Mitchell Preffer for Decrypt.

Major coins and tokens took an early swing upwards this week before a couple of days in the red emerged.

Right now, Bitcoin (BTC) is trading for $36,735 a 24-hour jump of 2%. Over seven days, it has essentially been flat.

It started the week strong, regularly flirting with the 18-month high of $37,000 per coin it touched last week, but it has since struggled to sit comfortably above that figure.

The U.S. Securities and Exchange Commission hit the delay button again on spot Bitcoin ETF applications from Franklin Templeton, Hash Dex, and Global X, which may have been a slightly bearish (albeit expected) signal for investors.

Meme coins made a strange resurgence this week, with Dogecoin (DOGE) being one of the best performers. The Elon Musk favorite is priced at $0.08 right now—a slight gain over seven days.

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Author: Mathew Di Salvo

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