BitMart Market Weekly Report 5.12-5.18

This Week's Crypto Market Dynamics

Last week (2025.05.12-2025.05.18), BTC ETF saw a net inflow of $608 million, marking four consecutive weeks of net inflows. Over the past month, the total inflow into BTC ETF reached $6.368 billion, indicating an optimistic outlook for the future. Last week, BTC peaked at $107,000, and it is expected to set a new historical high this week. BTC's market share remains above 60%, and the BTC market is not yet over. The market greed and fear index stayed around 70 last week, with market sentiment continuing to be in a state of greed.

Last week, ETH ETF recorded a net inflow of $41.8 million, with ETH fluctuating in a narrow range between $2,400 and $2,700. After briefly retreating from a short-term high of 0.025 in the ETH/BTC exchange rate, it is currently reported at 0.023; at the same time, ETH's market share dropped from a high of 9.4% to around 8.8%. From a daily chart perspective, BTC has seen nearly six consecutive days of decline after reaching $2,700, which has become a short-term price resistance point for ETH.

This Week's Popular Cryptocurrencies

In terms of popular cryptocurrencies, MOODENG, LABUBU, LAUNCHCOIN, KTA, and PATAKE have all performed well. MOODENG's price surged by 92,261.01% this week, reaching a peak price of 0.002446 USDT. LAUNCHCOIN's price increased by 1,247.22%, with a peak price of 0.2907 USDT and a current market cap of $200 million. KTA's price rose by 95.22%.

U.S. Market Overview and Hot News

All three major U.S. stock indices closed higher last week, with the Dow Jones Industrial Average and the S&P 500 Index rising by 3.4% and 5.3%, respectively, while the Nasdaq Index surged by 7.2%. The S&P 500 and Nasdaq indices have recovered from the sell-off triggered by the Trump administration's tariff policies in early April, achieving gains so far this year. Tariff news will remain a focus in the coming week. Economic data is relatively light, with manufacturing activity data and weekly initial jobless claims being the main highlights this week.

On May 22 at 20:30 Beijing time, the U.S. will announce the initial jobless claims for the week ending May 17;

Popular Sectors and Project Unlocks

The Meme sector, including NEIRO, MOODENG, and GOAT, saw significant gains, as market funds favored fully circulating popular Meme coins during the rebound; MOODENG has seen a maximum increase of over 10 times in the past month, making it the best-performing Meme coin during the same period. In early May, several mainstream trading platforms announced the listing of MOODENG, stimulating demand for the token;

The AI agent sector, including VIRTUAL, GRIFFAIN, and AVAAI, also saw increases. As the most important narrative combining cryptocurrency with the mainstream world, the AI sector has generally outperformed other sectors in the market over the past two years;

Polyhedra Network (ZKJ) unlocked approximately 15.53 million tokens at 8:00 AM Beijing time on May 19, accounting for 5.3% of the current circulating supply, valued at approximately $32.3 million;

Pyth Network (PYTH) will unlock approximately 2.13 billion tokens at 10:00 PM Beijing time on May 19, accounting for 58.62% of the current circulating supply, valued at approximately $338 million;

Risk Warning:

The risks associated with 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 represent future results.

The value of digital currencies may rise or fall, and there are significant risks associated with buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment goals, financial situation, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.