Crypto Weekly Recap: Here’s What Happened in Crypto This Week (Apr. 13-19, 2025)
This week was packed with high-stakes action across the crypto world. RWA giant MANTRA (OM) surprised investors with a 92% decline, while Tether doubled down on decentralizing mining. Over the past month, Ethereum, Cardano, and Dogecoin have all posted double-digit losses, while Bitcoin has held steady near $84,000. Meanwhile, Arbitrum hit a major DeFi milestone, and Bitwise expanded access to crypto Exchange-Traded Products (ETPs) in London. If you missed anything, here’s a quick catch-up on the stories everyone’s talking about.
OM Token Implodes 92% in 6 Hours, Sparking Panic and Outrage
The OM token collapsed over 92% in hours, dropping from $6.40 to $0.57 and wiping out $6 billion in market…