The digital asset market was mixed this week, with falls in Bitcoin offset by increases in the cryptocurrencies lower down the rankings—so-called altcoins. Several of these altcoins saw new all-time highs for the first time since the speculation-driven heights of early 2018, buoyed by a return of retail investors

The digital asset market experienced a dip this week, although Ethereum took centre stage as it climbed to new all-time highs. Institutional investment continues to exceed mining capacity, and more institutions (both private and public) have announced their plans for blockchain adoption.

Cryptocurrencies traded in an enormous range over the week, with a squeeze into record highs followed by a sharp reversal. A steady recovery soon followed, as the volatility calmed amid news of continued business development and investor adoption.

The digital asset market accelerated further on the bullish momentum of the previous two weeks, as Bitcoin and Ethereum both crossed significant milestones (including several new all-time highs for Bitcoin), and both retail and institutional interest continued to grow.

The digital asset market made a return to bullish momentum this week, as Bitcoin surged to several new all-time highs, Ethereum also advanced strongly, and more institutional investors announced positions in cryptocurrency.