Crypto Assets Market Weekly Report: May 12 to May 18

Bitcoin Market Dynamics

This week, Bitcoin ETFs continued to attract capital, with a net inflow of $608 million, maintaining four consecutive weeks of net inflow. In the past month, Bitcoin ETFs have accumulated a total inflow of $6.368 billion, indicating that investors remain optimistic about the future market. This week, the price of Bitcoin briefly reached a high of $107,000, with the potential to set a new historical high in the near future. Currently, Bitcoin's market share remains above 60%, indicating that its dominant position has not been shaken. In terms of market sentiment, the greed and fear index continues to hover around 70, reflecting that investors are generally in a state of greed.

Ethereum Market Performance

Ethereum ETF saw a net inflow of $41.8 million this week. In terms of price, Ethereum is oscillating narrowly within the range of $2,400 to $2,700. The Ethereum/Bitcoin exchange rate briefly touched a high of 0.025 before retreating, currently around 0.023. Ethereum's market share has decreased from a high of 9.4% to about 8.8%. On the daily level, Ethereum has fallen for six consecutive days after reaching $2,700, with $2,700 becoming a short-term resistance level.

Performance of Popular Coins

This week's outstanding tokens include MOODENG, LABUBU, LAUNCHCOIN, KTA, and PATAKE. Among them, MOODENG had the most astonishing increase, with a price rise of 92261.01% this week, reaching a peak of 0.002446 USDT. LAUNCHCOIN followed closely with a rise of 1247.22%, reaching a maximum price of 0.2907 USDT, and currently has a market value of about 200 million US dollars. KTA also performed well, with a price increase of 95.22%.

Overview of the US Stock Market

Last week, all three major US stock indexes rose. The Dow Jones index and the S&P 500 index increased by 3.4% and 5.3%, respectively, while the Nasdaq index surged by 7.2%. The S&P 500 and Nasdaq indexes have fully recovered from the sell-off in early April and have maintained an upward trend so far this year. In the coming week, tariff policies will still be the focus of market attention. In terms of economic data, it is relatively muted, with manufacturing activity and weekly initial jobless claims data becoming key points of interest.

It is worth noting that the number of initial unemployment claims in the United States for the week ending May 17 will be released on May 22 at 20:30 (Beijing time).

Popular Sector Dynamics

In the Meme coin sector, NEIRO, MOODENG, GOAT, and others have shown strong performance. During the rebound market, investors prefer popular Meme coins with good liquidity. MOODENG's maximum increase in the past month exceeded 10 times, making it the best-performing Meme coin during the same period. At the beginning of May, multiple mainstream trading platforms listed MOODENG, further stimulating demand.

The AI agent sector has also performed well, with tokens such as VIRTUAL, GRIFFAIN, and AVAAI rising. As an important link connecting Crypto Assets with the mainstream world, the AI sector has generally outperformed other sectors in the past two years.

Project Token Unlocking Status

Polyhedra Network (ZKJ) will unlock approximately 15.53 million coins on May 19 at 8 AM (Beijing time), accounting for 5.3% of the existing circulation, worth approximately $32.3 million.

Pyth Network (PYTH) will unlock approximately 2.13 billion tokens on May 19 at 10 PM (Beijing time), accounting for 58.62% of the current circulating supply, valued at approximately $338 million.

Risk Warning

Crypto Assets investment is highly speculative and carries significant risk of loss. Past performance is not indicative of future results. Digital currency values may fluctuate significantly, and investors should make cautious decisions based on their individual circumstances. This report does not constitute any investment advice.