Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market.
Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email to share your personal stories with crypto.
Crypto in a snap
Bitcoin
BTCUSD
lost 1.7% over the past seven days, and was trading at around $22,559 on Thursday, according to CoinDesk data. Ether
ETHUSD
dropped 3.3% over the seven-day stretch to around $1,599. Meme token Dogecoin
DOGEUSD
went down 1.8% while another dog-themed token, Shiba Inu
SHIBUSD,
remained flat from seven days ago.
Crypto Metrics
| Biggest Gainers | Price | %7-day return |
| Filecoin | $8.18 | 45.3% |
| Flow | $2.62 | 44.9% |
| Lido DAO | $2.49 | 29.1% |
| Chiliz | $0.15 | 28.8% |
| BitDAO | $0.74 | 19.4% |
| Source: CoinGecko as of Aug. 4 |
| Biggest Decliners | Price | %7-day return |
| Tenset | $3.03 |
-21.1%
… |
