Crypto Assets Market Weekly Report

Market Overview

In the past week, Bitcoin spot ETFs continued to maintain a net inflow of funds, attracting investment for three consecutive weeks. This week saw a net inflow of $920 million, while the previous two weeks were $3.03 billion and $1.81 billion, respectively. The sustained inflow of funds reflects investors' optimistic expectations for the market. Bitcoin's price peaked at $105,000 this week, with the potential to set a new historical high in May. Market sentiment indicators show that investors are gradually entering the greed phase.

Ethereum ETF saw a net outflow of $38 million this week, but its price surged from the $1,800 range to $2,600, even experiencing a single-day increase of 25%. The ETH/BTC exchange rate significantly rose, currently reported at 0.024. Ethereum's market cap share rebounded from around 7% to 9%. It is noteworthy that the rise in Ethereum this week seems to be largely unrelated to ETF fund flows. Some market views suggest that the current rise in Ethereum may simply be due to various indicators being at historical lows, or it might just be a short-term rebound.

Performance of Popular Coins

This week's standout tokens include MOODENG, GOAT, PNUT, PI, and KAITO. Among them, MOODENG saw the most astonishing increase, rising by 566.53% during the week, with a peak price of 0.2889USDT and a current market value of approximately 260 million USD. GOAT followed closely behind, with a price increase of 212.9%, reaching a high of 0.2503USDT. PNUT also performed well, with a price increase of 167.6%.

Overview of the US Stock Market

The US stock market showed mixed performance this week. The S&P 500 index fell by 0.8%, the Dow Jones Industrial Average decreased by 1.2%, and the Nasdaq index declined by 1.5%. The market was affected by uncertainty over tariff policies and mixed earnings reports from companies. News of tariff exemptions briefly triggered a rebound, but factors such as the tense US-China trade relations and increased restrictions on chip exports suppressed the performance of tech stocks. Intel's weak earnings report dragged down the Nasdaq index, while Tesla's excellent quarterly performance provided some support for the S&P 500 index.

Important Economic Data and Events

• Monday: Federal Reserve officials will deliver speeches
• Tuesday: Release of US April CPI data
• Thursday: The number of initial jobless claims in the US for the week will be announced; US April PPI data will be released; Federal Reserve Chairman Powell will deliver the opening remarks at an event.
• Friday: Release of the preliminary value of the US May one-year inflation rate expectation
• Saturday: Federal Reserve officials Barkin and Daly will deliver speeches.

Popular Sector Analysis

The Meme coin sector is performing actively, with multiple tokens such as MOODENG, GOAT, and CHILLGUY experiencing significant increases. In the current rebound market, it seems that market capital is favoring popular Meme coins with good liquidity. MOODENG's daily increase exceeded 130%, leading the entire market of altcoins, with a rise of over 6 times in the past week. Several mainstream trading platforms have announced the listing of MOODENG, further stimulating its purchasing demand.

The AI agent sector has also performed well, with tokens like PIPPIN, SWARMS, and GRIFFAIN rising. This indicates that the AI agent track remains one of the key focuses of market funds. However, these tokens still have a significant gap from their historical highs, reflecting the market's lingering doubts about existing AI agent projects and a possible expectation for more innovative projects to emerge.

Token Unlock Information

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

Risk Warning

Crypto Assets investment is highly speculative and carries significant risk of loss. Past performance is not indicative of future results. The value of digital currencies may fluctuate widely, and investors should make decisions cautiously based on their individual circumstances and risk tolerance. This report does not constitute any investment advice.