Crypto Market Weekly Dynamics

Last week, Bitcoin ETFs achieved net inflows for three consecutive weeks, totaling $920 million. The inflows for the previous two weeks were $3.03 billion and $1.81 billion respectively, indicating a sustained influx of funds that suggests the market remains optimistic about future trends. In the past week, the price of Bitcoin reached a peak of $105,000, with hopes of setting a historical high in May. The market's greed and fear index continues to rise, and sentiment has entered the greed phase.

Ethereum ETF saw a net outflow of $38 million last week, but its price still surged from $1,800 to $2,600, with a daily increase of up to 25%. The ETH/BTC exchange rate significantly rose to 0.024, and Ethereum's market cap share also rebounded from about 7% to 9%. Notably, Ethereum's recent price surge seems to be largely uncorrelated with ETF fund flows. Some opinions suggest that the current increase may just be a short-term rebound, as multiple indicators remain at historical lows.

Performance of Popular Cryptocurrencies

This week's standout tokens include MOODENG, GOAT, PNUT, PI, and KAITO. Among them, MOODENG has seen the most significant increase, rising 566.53% during the week, with a peak price of 0.2889 USDT and a current market cap of approximately 260 million dollars. GOAT follows closely behind with an increase of 212.9%, reaching a high of 0.2503 USDT. PNUT is also not far behind, rising 167.6%.

Overview of the U.S. Financial Markets

The performance of the US stock market has been mixed. The S&P 500 index fell by 0.8%, the Dow Jones Industrial Average dropped by 1.2%, and the Nasdaq index decreased by 1.5%. Market volatility continues, influenced by uncertainty in trade policies and mixed corporate earnings reports. The news of tariff exemptions provided a brief rebound, but the tense US-China trade relations and the escalation of chip export restrictions have hit technology stocks. Intel's weak earnings report dragged down the Nasdaq, while Tesla's strong performance provided some support for the S&P 500.

Important Economic Data and Events This Week

• Monday: Federal Reserve officials give speeches
• Tuesday: US April CPI data released
• Thursday: Initial jobless claims in the US for the week; April PPI data; Federal Reserve officials participating in multiple events
• Friday: US May 1-Year Inflation Expectations Preliminary Value
• Saturday: Federal Reserve officials give speeches

Popular Sector Trends

The Meme coin sector has shown remarkable performance, with MOODENG, GOAT, CHILLGUY, and others experiencing significant increases. During the rebound market, funds are more inclined towards popular Meme coins with full circulation. MOODENG's daily increase exceeded 130%, leading the altcoin market, with a weekly increase of over 6 times. The listing of MOODENG on multiple trading platforms has stimulated demand.

The AI agent sector, including PIPPIN, SWARMS, and GRIFFAIN, has also performed well. The star tokens have rebounded significantly from their lows, indicating that AI agents are still the focus of the market. However, there is still a distance to the historical highs, reflecting market skepticism towards existing projects and a potential expectation for new projects to emerge.

Upcoming Token Unlocks

APT will unlock about 11.31 million tokens on May 12, worth approximately 58.47 million USD.

A certain public chain plans to unlock approximately 9.54 million tokens on May 17, 2025, accounting for 2.49% of the total supply, with a current value of about 329 million USD. This batch of tokens will be allocated to the team, foundation, and partners, among others. Additionally, approximately 1.13 million tokens (worth about 38.81 million USD) will be distributed through an airdrop.

Risk Warning

Cryptocurrency investment is highly speculative and carries a significant risk of loss. Past performance is not indicative of future results. The value of digital currencies can fluctuate significantly, and individuals should carefully assess their personal risk tolerance before trading. This article does not constitute any investment advice.