Happy Friday, everyone. This is Markets Daily from CoinDesk. I'm your host, Jen Sanassi, and on today's show,

we're passing it over to Coin Desk Indices for some weekly market insights.

Wondercraft AI voice here to give you three crypto markets takeaways from this week.

And stick around.

We'll have additional analysis from Alex Rivkin, founder and CEO at Rowe Labs.

First, Tracy Stevens, senior index manager at CoinDesk Indices, provides markets highlights for the week ending June 7th with data from June 4th.

Bitcoin leads the CoinDest 20 this week as it briefly broke the $70,000 mark on Monday.

BTC and Cardano are the only members of the index to move noticeably higher over the past week.

Uniswap lost 14% of its value last week as a governance vote related to rewards for token holders was delayed.

Across the Coin Desk 20, although nine assets lost more than 4% over the course of the week,

the market cap weighted index slipped just 1.3%. For our analysis section this week, Alex Rivkin

writes, despite nine members of the Coin Desk 20 index losing more than 4% over the course of the week,

the overall index slipped just 1.3%.

The index maintains a steady trading pattern of around 2,500 points, a trend it has followed since mid-May.

Bitcoin emerged as the biggest winner of the week, briefly breaking the $70,000 mark on Monday afternoon,

reinvigorating the hopes for a new BTC all-time high before the end of Q2. The same is observed in

the options markets, which have seen some strong call buying reported by multiple industry

participants, and call spread bets signaling the market's expectations of a Bitcoin price

surge above the

72,000 to 74,000 mark. Futures markets reflected a few spikes in sentiment, with peak interim

Bitcoin perpetual future funding rates on Binance and OKX briefly touching annualized 22.18%,

and 31.15%, respectively, before retreating closer to their 10.95% averages.

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