Bitcoin and Ethereum face market pullback as analysts predict future surge.

Bitcoin and Ethereum experienced moderate losses over the last seven days due to a rising dollar. Bitcoin is down 7.9% and trades for $26,817. Ethereum dipped 5.8% over the seven days and currently changes hands at $1,800. Other cryptocurrencies that dipped more than 8% this week include Polygon, Avalanche, Toncoin, and Internet Computer. In other news, Bittrex filed for Chapter 11 bankruptcy, Texas lawmakers voted in favor of an update to the state’s Bill of Rights to include the right to own, hold, and use digital currencies, and the U.S. Chamber of Commerce criticized the SEC for its regulation-by-enforcement approach toward the digital asset industry.