Crypto prices fell over the past week as dogecoin led the losses. Crypto stocks traded higher for the most part, while MicroStrategy declined.
Bitcoin was changing hands for $16,550 at 10 a.m. EST on Sunday, according to data via TradingView. The leading cryptocurrency by market cap was down about 1.8% over the past seven days. Ether dropped 2.1% in the same period.
Altcoins fell even more than bitcoin and ether throughout the week. Ripple's XRP slipped 4% and dog-themed memecoins had a rough week. Dogecoin plunged more than 10%, shiba inu dropped 3% and dogelon mars fell about 5%.
Nasdaq dipped 0.26%, while the S&P 500 shed 0.64%.
Coinbase rose 1.8% over the week, according to Nasdaq data. Shares in the crypto exchange reached an all-time low of $31.86 during the week, paring losses ahead of the weekend.
Block was trading at $62.84 at the close on Friday, up 4.95% over the previous week. Shares in crypto bank Silvergate rose more than 4% to trade at $17.40.
Michael Saylor's MicroStrategy was in the red, dropping about 14.5% to trade around $141. It was revealed this week that the firm sold bitcoin for the first time, almost $12 million worth. The firm noted that the sale was made for tax benefits.
Markets are closed in the U.S. on Monday to mark the new year; trading resumes on Tuesday.
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