This week’s cryptocurrency market saw a mixed bag of performances, with established assets like Bitcoin and Ethereum remaining largely steady while the digital asset landscape was disrupted by the sudden crash of the OM Token. Bitcoin maintained its upward trajectory at $84,391.57, experiencing a 0.37% increase over the past 24 hours, leading to a market capitalization of $1.67 trillion after rising 12.43% in the past seven days. Ethereum followed closely with a steady price at $1,620.18, gaining 0.14% on the day and a more significant 10.89% over the week. Meanwhile, XRP has emerged as a star performer, trading at $2.11 after a powerful surge of 24.54% in the past seven days. The stablecoin Tether (USDT) remained strong at $0.9996 with substantial daily trading volume exceeding $63.78 billion. 24-hour market liquidity across all assets indicates a relatively healthy and active landscape despite isolated disruptions influencing sentiment in some sections of the market. On the downside, the OM Token experienced an unprecedented collapse of 90% within 24 hours, wiping out nearly $5 billion in market cap. The sudden crash was fueled by panic selling following speculation about insider activity and a lack of transparency from the OM team. Co-founder JP Mullin responded to address concerns, publishing wallet details to alleviate investor anxiety while distancing the team from any direct role in the sell-off. This dramatic drop has made it one of the most severe single-day losses for any token recently. Meanwhile, Metaplanet Inc., a Japanese firm, expanded its Bitcoin holdings by acquiring an additional 319 BTC for approximately $26.3 million at an average price of $82,549 per BTC. This brings their total holdings to 4,525 BTC, with the company’s Bitcoin yield achieving a remarkable 108.3% in 2025. This move underscores Metaplanet’s commitment to incorporating Bitcoin as a core asset within its treasury strategy as institutional interest continues to grow in the market. The week began with an array of developments across the crypto landscape, from volatility in select tokens to significant shifts in market dynamics. While established assets like Bitcoin and Ethereum held their ground, the OM Token crash has cast a shadow of uncertainty. The increasing influence of institutions is evident through Metaplanet’s continued Bitcoin investments, further shaping the market’s direction.