Crypto Assets Market Weekly Report

Market Overview

In the past week, Bitcoin ETF has continued to see a net inflow of funds, reaching $920 million, extending the strong momentum of the previous two weeks. The price of Bitcoin once hit a high of $105,000, with the potential to set a historical high in May. Market sentiment indicators show that investor sentiment has entered the greed phase.

In terms of Ethereum, despite a net outflow of $38 million from its ETF, the price surged significantly from the $1,800 range to $2,600, with a single-day increase of 25%. The exchange rate of Ethereum relative to Bitcoin has risen significantly, currently at 0.024; its market share has also rebounded from around 7% to 9%. It is worth noting that the recent upward trend of Ethereum seems to have a low correlation with ETF fund flows, and some analysts believe this could just 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 saw an increase of up to 566.53% during the week, reaching a peak price of 0.2889USDT, with a current market value of approximately 260 million USD. GOAT and PNUT also increased by 212.9% and 167.6%, respectively.

Dynamics of the US Financial Markets

The US stock market showed mixed performance, with major indices all declining. 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 trade policies and mixed corporate earnings reports. Tech stocks were hit by US-China trade frictions and chip export restrictions, but Tesla's strong performance provided some support for the S&P 500 index.

Important Economic Data and Event Forecasts

• Monday: Federal Reserve officials give speeches
• Tuesday: U.S. April CPI data released
• Thursday: The number of initial jobless claims in the U.S. for the week and April PPI data will be released; Federal Reserve Chairman Powell will attend an event.
• Friday: Initial value of the U.S. May one-year inflation expectations announced
• Saturday: Federal Reserve officials Barkin and Daly will give speeches.

Popular Sector Analysis

The Meme coin sector has performed remarkably, with coins such as MOODENG, GOAT, and CHILLGUY experiencing significant increases. MOODENG is particularly noteworthy, with a daily increase exceeding 130% and a weekly increase of over 6 times, making it the best-performing Meme coin in the market. Several major trading platforms have announced the listing of MOODENG, further boosting its demand.

The AI agency sector is also receiving attention, with the prices of tokens such as PIPPIN, SWARMS, and GRIFFAIN rising. Although there is still a distance from the historical peak, this sector remains one of the key focuses of market funds.

Upcoming Token Unlocks

• APT will unlock approximately 11.31 million coins on May 12, valued at around 58.47 million USD.
• Avalanche plans to unlock approximately 9.54 million AVAX coins on May 17, 2025, accounting for about 2.49% of the total supply, currently valued at around $329 million. An additional approximately 1.13 million AVAX (around $38.81 million) will be distributed via airdrop.

Risk Warning

Crypto Assets investment is highly speculative and carries a significant risk of loss. Past performance is not indicative of future results. Investors should carefully consider whether to participate in Crypto Assets trading or holding based on their individual investment objectives, financial situation, and risk tolerance.