Digital Assets Weekly: June 3rd, 2020

Market Analysis

Bitcoin climbed as high as $10,200 on Monday June 1^st before retracing to $9,530 by Tuesday’s close and ending the week up 7.2%. According to research from CryptoQuant, this latest dip could be attributable to the 5^th largest mining pool, which is unknown, liquidating a large stock of coins on Wednesday as Bitcoin surpassed $10,000.

Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis.

Ethereum led all other major crypto assets over the past week; posting a strong 18.1% return. Ripple lagged all other maj...