Crypto Market Weekly Report: BTC ETF continues to flow in, ETH big pump 25%

This week, the cryptocurrency market has shown a positive trend, with Bitcoin ETF achieving net inflows for the third consecutive week, totaling $920 million. This ongoing trend indicates that investors remain optimistic about the market outlook. The price of Bitcoin briefly reached a high of $105,000 this week, with the potential to set a new historical high in May. Market sentiment indicators have also risen, entering the greed zone.

In terms of Ethereum, despite a net outflow of $38 million from its ETF, its price has significantly risen from $1,800 to $2,600, with a single-day increase reaching as much as 25%. The ETH/BTC exchange rate has notably risen to 0.024, and Ethereum's market share has rebounded from 7% to 9%. It is worth noting that this surge in Ethereum seems to be largely unrelated to ETF fund flows, and some analysts believe this may just be a short-term rebound, as several indicators have reached historical lows.

Among the popular cryptocurrencies, MOODENG stands out the most, with a weekly rise of 566.53% and a peak price of 0.2889USDT, currently having a market cap of approximately 260 million USD. GOAT and PNUT also increased by 212.9% and 167.6%, respectively, demonstrating strong market performance.

The US stock market performed unevenly, with major indices all experiencing declines. The S&P 500 Index fell by 0.8%, the Dow Jones Industrial Average dropped by 1.2%, and the Nasdaq Index declined by 1.5%. Market fluctuations were mainly influenced by the uncertainty of trade tariffs and mixed corporate earnings reports. Tech stocks were heavily impacted by the tense US-China trade situation and chip export restrictions, but Tesla's strong quarterly performance provided some support for the market.

This week's important economic data and events include: speeches by Federal Reserve officials, the release of the US April CPI and PPI data, and the announcement of the weekly initial unemployment claims. The market will closely monitor the impact of this information on monetary policy and the direction of the economy.

In popular sectors, Meme coins like MOODENG and GOAT have stood out, indicating that market funds prefer fully circulating popular Meme coins. The AI agent sector has also attracted attention, with tokens such as PIPPIN and SWARMS experiencing rises, but there is still a significant gap from historical highs, reflecting the market's lingering doubts about existing AI agent projects.

Upcoming token unlock events include: APT will unlock approximately 11.31 million tokens on May 12, valued at about $58.47 million; Avalanche plans to unlock about 9.54 million AVAX tokens on May 17, 2025, accounting for 2.49% of the total supply, valued at approximately $329 million.

Investors should be aware that cryptocurrency investment is highly speculative and carries significant risks. Past performance does not guarantee future results, and the value of digital currencies may fluctuate greatly. It is advised that investors make cautious decisions based on their individual circumstances and risk tolerance.