A major crypto exchange’s CEO is set on holding Shiba Inu crypto long term despite its recent tumble. Here’s why – MarketWatch

A major crypto exchange’s CEO is set on holding Shiba Inu crypto long term despite its recent tumble. Here’s why – MarketWatch

Hi there! We’re finally here – welcome to the first installment of Distributed Ledger, our weekly crypto newsletter that will reach your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far.

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Crypto in a snap

Ether ETHUSD hit a record high at $4,669 on Wednesday, while the cryptocurrency has gained 11% over the past seven days. Bitcoin BTCUSD recorded a 3.35% gain over the past seven days.

Dogecoin DOGEUSD went down 14.2% for the past seven days, its worst 7-day performance since Sep. 21, according to Dow Jones data. Shiba Inu saw a loss of 31.9% over the past seven days, its worst 7-day performance since May 25.

Crypto Metrics
Biggest Gainers Price % 7-day return
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