BitMart Market Weekly Report: BTC ETF has achieved three consecutive weeks of net inflow.

According to BitMart's market report on May 12, BTC reached a high of $105,000 in the past week, and BTC is expected to hit a new all-time high in May.

Crypto Market Dynamics This Week

Last week, the net inflow for the BTC ETF was $920 million, marking three consecutive weeks of net inflows. The inflows for the previous two weeks were $3.03 billion and $1.81 billion respectively, indicating optimism for the market outlook. In the past week, BTC reached a high of $105,000, and it is expected to set a new historical high in May. The market greed and fear index has been steadily rising over the past week, with market sentiment entering the greed phase.

Last week, ETH ETFs saw a net outflow of 38 million USD, but ETH surged from the 1,800 USD range to 2,600 USD, even experiencing a single-day increase of 25%. The ETH/BTC exchange rate rose significantly, currently reported at 0.024; at the same time, ETH's market share also rebounded sharply from around 7% to 9%. From the inflow and outflow of ETF funds, the rise of ETH in the past week has not been closely related to ETFs; some community opinions even suggest that the current increase in ETH is merely due to various indicators being at historical lows and may just be a short-term rebound.

This Week's Popular Coins

In terms of popular cryptocurrencies, MOODENG, GOAT, PNUT, PI, and KAITO have all performed well. MOODENG's price increased by 566.53% this week, reaching a high of 0.2889 USDT, with a current market capitalization of 260 million USD. GOAT's price rose by 212.9%, with a peak price of 0.2503 USDT, and PNUT's price increased by 167.6%.

US Market Overview and Hot News

U.S. stocks performed unevenly, with the S&P 500 index falling 0.8%, the Dow Jones Industrial Average down 1.2%, and the Nasdaq index dropping 1.5%, mainly influenced by tariff uncertainties and mixed earnings reports. Market volatility persists, with tariff exemptions causing a brief rebound, but U.S.-China trade tensions and stricter chip export restrictions have severely impacted tech stocks. Intel's disappointing earnings dragged down the Nasdaq index, while Tesla's strong quarterly performance provided some support for the S&P 500 index.

Monday: Federal Reserve Governor Cook and others will give speeches;

Tuesday: US April CPI data;

Thursday: Initial jobless claims in the U.S. for the week; U.S. April PPI data; 2027 FOMC voter, San Francisco Fed President Daly participates in a fireside chat, Federal Reserve Chairman Powell delivers opening remarks at an event, Federal Reserve holds the second Thomas Laubach Research Conference;

Friday: U.S. May one-year inflation rate expectation preliminary value;

Saturday: Federal Reserve's Barkin and Daly to speak;

Popular Sections and Project Unlocks

The Meme sector, including MOODENG, GOAT, CHILLGUY, etc., has seen significant increases, with the market funds favoring popular Meme coins that are fully circulating during the rebound market; MOODENG surged over 130% in a single day, leading the entire market of altcoins, and in the past week, the token's increase exceeded 6 times, making it also the best-performing Meme coin during the same period. In the past week, several mainstream trading platforms announced the listing of MOODENG, stimulating the token's purchasing demand.

The AI agent sector, including PIPPIN, SWARMS, GRIFFAIN, etc., has risen, with the star tokens in the AI agent track significantly increasing from their price bottoms, indicating that the AI agent remains one of the market's most focused sectors; however, the tokens in the AI agent sector are still far from their historical highs, which also reflects the market's skepticism about the current AI agent projects, and perhaps new AI agent projects will emerge.

APT will unlock approximately 11.31 million tokens on May 12 at 8:00, worth about 58.47 million USD.

Avalanche plans to unlock approximately 9.54 million AVAX tokens on May 17, 2025, which accounts for about 2.49% of the total supply, valued at approximately $329 million at current prices. These tokens will be allocated to the team, foundation, strategic partners, etc., and additionally, about 1.13 million AVAX (approximately $38.81 million) will be distributed through airdrops;

Risk Warning:

The risks of using BitMart services are entirely borne by you. All cryptocurrency investments (including returns) are inherently highly speculative and involve significant risk of loss. Past, hypothetical, or simulated performance does not necessarily indicate future results.

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