Crypto Market Weekly Review

Market Overview

This week, the crypto market has shown a positive trend. Bitcoin ETFs have achieved net inflows for three consecutive weeks, with last week’s net inflow reaching $920 million. This sustained inflow of funds indicates that investors remain optimistic about the future market. The price of Bitcoin reached a high of $105,000 this week, and it is expected to set a new historical high in May. The market greed and fear index continues to rise, indicating that market sentiment is in a state of greed.

Despite a net outflow of $38 million from ETFs, Ethereum’s price has risen significantly from the $1,800 range to $2,600, with a maximum daily increase of 25%. The ETH/BTC exchange rate has notably increased, currently reported at 0.024; Ethereum’s market share has also rebounded from about 7% to 9%. Some believe that Ethereum’s current upward trend may only be a short-term rebound due to various indicators being at historical lows and is not closely related to ETF fund flows.

Performance of Popular Coins

This week’s standout tokens include MOODENG, GOAT, PNUT, PI, and KAITO. Among them, MOODENG saw an increase of up to 566.53% during the week, with a peak price of 0.2889 USDT and a current market value of approximately 260 million USD. GOAT and PNUT increased by 212.9% and 167.6%, respectively, with GOAT reaching a maximum price of 0.2503 USDT.

Overview of the U.S. Financial Market

The U.S. stock market showed mixed performance. 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%. The market was affected by uncertainties in tariff policies and uneven corporate earnings reports. News of tariff exemptions had briefly triggered a rebound, but the tensions in U.S.-China trade and tightened chip export restrictions impacted technology stocks. Intel’s weak earnings report weighed on the Nasdaq index, while Tesla’s strong quarterly performance provided some support for the S&P 500 index.

Important Economic Data and Event Forecasts

• Monday: Federal Reserve officials give speeches
• Tuesday: US April CPI data released
• Thursday: The number of initial jobless claims in the US for the week is announced; US April PPI data is released; Federal Reserve officials participate in multiple events.
• Friday: Preliminary value of the US May one-year inflation rate expectations released.
• Saturday: Federal Reserve officials give speeches

Popular Sector Analysis

The Meme coin sector is performing actively, with multiple cryptocurrencies such as MOODENG, GOAT, and CHILLGUY experiencing significant increases. MOODENG has risen over 130% within the day, leading the altcoin market, and has surged over 6 times in the past week. Several trading platforms have announced the listing of MOODENG, stimulating its purchasing demand.

In the AI agent sector, tokens like PIPPIN, SWARMS, and GRIFFAIN have risen, indicating that this track remains a focal point for market capital. However, these tokens are still a considerable distance from their historical highs, reflecting a degree of skepticism in the market regarding the existing AI agent projects, which may suggest the emergence of new projects.

Token Unlocking Information

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

Risk Warning

Investing in cryptocurrencies is highly speculative and carries a significant risk of loss. Past performance is not indicative of future results. The value of digital currencies can be highly volatile, and it is important to carefully assess your personal risk tolerance when trading. It is advisable to fully understand the relevant risks and seek professional advice before making any investment decisions.