Crypto Market Weekly Report: Bitcoin Continues to Rise, Ether Price Soars

Last week, Bitcoin ETFs continued to show a net inflow trend, with funds flowing in for three consecutive weeks, amounting to $920 million. The fund inflows for the previous two weeks were $3.03 billion and $1.81 billion, respectively. The sustained capital injection highlights investors' optimistic expectations for the future market. In the past week, the price of Bitcoin reached a maximum of $105,000, 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 has entered a state of greed.

In contrast, the Ethereum ETF saw a net outflow of $38 million last week. However, the price of Ethereum surged significantly from the $1,800 range to $2,600, with a single-day rise of 25%. The exchange rate of Ethereum against Bitcoin has risen significantly, currently reported at 0.024; meanwhile, Ethereum's market share has rebounded sharply from about 7% to 9%. From the perspective of ETF fund flow, the rise of Ethereum in the past week has no obvious correlation with the ETF. Some opinions suggest that the current rise of Ethereum may only be due to various indicators being at historical lows, and it might just be a short-term rebound.

Performance of Popular Coins

The cryptocurrencies that performed outstandingly this week include MOODENG, GOAT, PNUT, PI, and KAITO. Among them, MOODENG has risen by as much as 566.53% during the week, reaching a peak price of 0.2889 USDT, with a current market value of approximately 260 million dollars. GOAT's price increased by 212.9%, peaking at 0.2503 USDT. PNUT rose by 167.6%.

Overview of the US Market and Important News

The US stock market showed mixed performance, with the S&P 500 index down 0.8%, the Dow Jones Industrial Average down 1.2%, and the Nasdaq index down 1.5%. The market was affected by uncertainty over tariffs and mixed corporate earnings. Although tariff exemptions triggered a brief rebound, the tensions in US-China trade and stricter chip export restrictions hit technology stocks hard. Intel's poor earnings report dragged down the Nasdaq index, while Tesla's strong quarterly performance provided some support for the S&P 500 index.

Important Economic Data and Events This Week

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

Popular Sections and Project Updates

The Meme coin sector is performing actively, with coins like MOODENG, GOAT, and CHILLGUY experiencing significant rises. In the rebound market, capital is more inclined towards popular Meme coins with full circulation. MOODENG's daily increase exceeded 130%, leading the altcoin market, with a rise of more than 6 times in the past week, making it the best-performing Meme coin during the same period. Several mainstream trading platforms have announced the listing of MOODENG, stimulating the demand for the token.

In the AI agent sector, tokens such as PIPPIN, SWARMS, and GRIFFAIN have risen. The star tokens in this track have significantly increased from their price bottoms, indicating that AI agent remains one of the key areas of market capital attention. However, these tokens still have a considerable gap from their historical highs, showing that there is some skepticism in the market regarding existing AI agent projects, and new projects may emerge in the future.

Upcoming Token Unlocks

• APT will unlock approximately 11.31 million tokens on May 12 at 8:00, 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. In addition, approximately 1.13 million AVAX (valued at around $38.81 million) will be distributed through airdrops.

Risk Warning

Cryptocurrency investment is highly speculative and involves significant risk of loss. Past performance does not guarantee future results. The value of digital currencies may fluctuate widely, and investors should carefully consider whether to engage in trading or hold digital currencies based on their individual investment objectives, financial situation, and risk tolerance.