Crypto Assets Market Weekly Report

Market Overview

This week's Crypto Assets market has shown a volatile trend. Bitcoin's price has fluctuated slightly within the range of $82,000 to $86,000, with ETF fund flows remaining relatively stable. Ethereum's performance continues to be sluggish, with its market share hitting a five-year low. Overall market sentiment remains cautious, with investors generally waiting for further clarification of macroeconomic policies.

Performance of Major Crypto Assets

Bitcoin ETF saw a slight outflow of $13 million this week, but the overall trend remains net inflow. The market greed and fear index remains around 30, reflecting investors' cautious sentiment.

Ethereum continues to face challenges, with ETFs experiencing net outflows for nine consecutive weeks, totaling $32.3 million this week. The ETH/BTC exchange rate has fallen below 0.019, approaching historic lows. Ethereum's market share has dropped to 7.1%, marking a new low in nearly five years, reflecting the market's lack of confidence in the short-term improvement of its fundamentals.

Performance of Popular Tokens

This week's standout tokens include FARTCOIN, MUSKIT, VOXEL, COMBP, and LBR. Among them, MUSKIT saw a staggering increase of 247.53% during the week, followed closely by VOXEL with a rise of 234.94%, reaching a peak price of 0.1423USDT. LBR also performed well, increasing by 166.46%.

Overview of the US Financial Market

Last week, the US stock market showed an overall downward trend. The S&P 500 index fell by 1.5%, the Dow Jones index fell by 2.7%, and the Nasdaq index fell by 2.6%. The market was affected by the dual impact of uncertainty in trade policies and corporate earnings performance.

UnitedHealth Group's earnings report fell short of expectations, dragging down the performance of the Dow Jones index. Meanwhile, the excellent performance of Taiwan Semiconductor Manufacturing Company provided some support for the Nasdaq index.

Important Event Preview

• April 24: The Federal Reserve will release the latest Beige Book on economic conditions.
• April 25: The U.S. Securities and Exchange Commission will hold its third Crypto Assets policy roundtable, focusing on custody-related issues.

Project Updates

• The Balance plan will launch the EPT token issuance on April 21.
• The cross-chain protocol Hyperlane will conduct an airdrop of HYPER tokens on April 22, with 57% of the supply allocated to community users.
• The lending platform Dolomite announced that the DOLO token will be officially issued on April 24, with 20% of the tokens being airdropped to platform users.
• Sonic Labs plans to launch the public sale of .sonic domain names this week, with the specific timing yet to be determined.

Overall, the Crypto Assets market has shown a volatile pattern this week, with investor sentiment being cautious. The token issuance and airdrop activities of important projects may bring new vitality to the market, but the direction of macroeconomic policies remains a key factor influencing the market.