Digest

Digest #27 - Holding Steady Through Market Nerves

Global tension shakes markets, but THAT continues to hold its ground and push upward.

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Evie Nahi
Marketing Coordinator
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May 23, 2025
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Hi ,

Welcome to another weekly digest. Today we’re covering market movements and key headlines from across the crypto space. Let’s get into it 👇🏼

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Crypto Slides Amid Global Tension 👀

This week, the crypto market saw a steady decline, with Bitcoin dropping below the $80K mark, amid global market jitters triggered by Trump’s new tariff. In the face of market turbulence, THAT has held strong and steady. Check out the current chart

What's New?

  • When THAT first launched, it was ranked beyond #6000 on CoinGecko — today, it’s climbed to #4571 and rising.
  • Trump’s Treasury Secretary, Bessent, pledges to tackle regulatory hurdles holding back blockchain and stablecoin innovation. Read more here.
  • Grayscale has filed with the SEC to launch a Solana exchange-traded fund (ETF), submitting a formal registration statement to begin the process.
  • Bitcoin dominance has reached 62% — its highest level since 2021. This metric reflects Bitcoin’s share of the total cryptocurrency market cap.
  • The CMC Fear & Greed Index has dropped to 21 this week, down from 25 — signaling growing fear in the market.

Stay Informed

Stay up to date with the latest developments by following THAT on social media; X & Instagram.

Missed an earlier edition of the THAT Weekly Digest? No problem! Visit our website, head to Blog > Newsletter, and catch up on all the latest updates!

As always, we’ll see you next week!

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