Crypto Market Weekly Report: Bitcoin Continues to Attract Capital, Ethereum Strongly Rebounds

Market Overview

In the past week, Bitcoin ETFs achieved a net inflow for the third consecutive week, amounting to $920 million. The inflows for the previous two weeks were $3.03 billion and $1.81 billion, respectively. The continued influx of funds reflects investor optimism about the market's future. The price of Bitcoin reached a high of $105,000 this week and is expected to set a historical high in May. The market greed and fear index continues to rise, indicating that market sentiment has entered the greed stage.

In terms of Ethereum, despite a net outflow of $38 million in ETFs, its price still surged significantly from the $1,800 range to $2,600, with a single-day increase of up to 25%. The ETH/BTC exchange rate has risen significantly, currently reported at 0.024; Ethereum's market share has also rebounded from about 7% to 9%. It is noteworthy that this round of Ethereum's rise seems to have a low correlation with ETF fund flows. Some viewpoints suggest that the current upward trend may stem from various indicators being at historical lows or could be a short-term rebound.

Performance of Popular Coins

The tokens that performed outstandingly this week include MOODENG, GOAT, PNUT, PI, and KAITO. Among them, MOODENG surged by as much as 566.53% during the week, reaching a peak price of 0.2889 USDT, with a current market capitalization of approximately 260 million USD. GOAT's price increased by 212.9%, hitting a high of 0.2503 USDT. PNUT saw an increase of 167.6%.

US Market Dynamics

The US stock market showed mixed performance. The S&P 500 index fell by 0.8%, the Dow Jones Industrial Average decreased by 1.2%, and the Nasdaq index dropped by 1.5%. The market was affected by tariff uncertainties and mixed corporate earnings reports. Although tariff exemptions provided a brief Rebound, the US-China trade tensions and stricter chip export restrictions pressured tech stocks. Intel's earnings report fell short of expectations, dragging down the Nasdaq, while Tesla's strong performance supported the S&P 500 index.

Important Economic Data and Events

• Monday: Federal Reserve Governor Kuzgler gives a speech
• Tuesday: US April CPI data released
• Thursday: Release of the number of initial jobless claims in the U.S. for the week and April PPI data; Federal Reserve Chairman Powell delivers the opening remarks at an event.
• Friday: Initial value of the U.S. May one-year inflation rate expectations released.
• Saturday: Federal Reserve officials Barkin and Daly will give speeches.

Popular Sector Analysis

The Meme coin sector has performed brilliantly, with projects like MOODENG, GOAT, and CHILLGUY seeing significant increases. Market funds seem to favor popular Meme coins with full circulation. MOODENG's daily increase exceeded 130%, and its weekly increase was over 6 times, making it the best-performing Meme coin. Multiple mainstream trading platforms have announced the listing of MOODENG, stimulating its purchase demand.

The AI agent sector has also attracted attention, with the prices of tokens like PIPPIN, SWARMS, and GRIFFAIN rising. Although there is still a distance from the historical highs, it indicates that AI agents remain one of the key tracks of interest in the market. At the same time, there are still doubts about existing AI agent projects, and new projects may emerge.

Token Unlock Reminder

• APT will unlock approximately 11.31 million tokens on May 12 at 8:00 AM, worth about 58.47 million dollars.
• Avalanche plans to unlock approximately 9.54 million AVAX tokens on May 17, 2025, accounting for 2.49% of the total supply, valued at approximately $329 million at current prices. These tokens will be allocated to the team, foundation, and strategic partners, among others. Additionally, approximately 1.13 million AVAX (about $38.81 million) will be distributed through airdrops.

Risk Warning

Investment in cryptocurrency is highly speculative and carries significant risk of loss. Past performance does not guarantee future results. The value of digital currencies may fluctuate significantly, and investors should make cautious decisions based on their individual circumstances. This report does not constitute any investment advice, and please bear the investment risks on your own.