BitMart Market Weekly Report 5.26-6.1
According to BitMart's market report on June 3, the total market capitalization of cryptocurrencies in the past week was $3.31 trillion, a decrease of 4.06% from the previous week.
This Week's Cryptocurrency Market Dynamics
Last week (2025.05.26-2025.06.01), despite a strong overall performance in May with a net inflow of approximately $5.23 billion, this week saw a break in the six-week trend of net inflows due to ETF fund outflows, resulting in a net outflow of about $157.4 million. Prices fell from around $109,431 on May 26 to about $106,795 on June 1, marking a weekly decline of approximately -2.91%.
Last week, Ethereum ETFs performed strongly, with a single-day net inflow of $91.9 million, of which BlackRock's ETHA accounted for $50.4 million and FETH accounted for $38.3 million. Throughout May, the cumulative net inflow for ETH ETFs reached $564.18 million, setting a monthly record since 2025.
This Week's Popular Coins
In terms of popular coins, BOB, POKT, GASS, FLOCK, and WHITE all performed well. BOB's price surged by 448.29% this week, with a current market cap of $41.06M. POKT's price increased by 314.44%, reaching a peak price of 0.08787 USDT. GASS's price rose by 242.63%, while FLOCK and WHITE increased by 173.7% and 169.67%, respectively.
U.S. Market Overview and Hot News
As of the week ending May 30, 2025, the U.S. stock market performed strongly, with all three major indices recording significant gains. The Dow Jones Industrial Average rose by 1.6%, the Nasdaq Composite Index increased by 2.0%, and the S&P 500 Index gained 1.9%. This marks the third consecutive week of gains for the stock market, primarily driven by easing inflation data and improved consumer confidence.
Large tech stocks generally rose, with Apple (AAPL) up 2.5%, Tesla (TSLA) up 3.1%, and Nvidia (NVDA) up 4.2%. The combined market capitalization of these three companies increased by over $1.5 trillion, reflecting sustained investor confidence in the tech sector.
The U.S. Dollar Index (DXY) fell by 0.8% this week to 98.58, hitting a six-week low, mainly due to growing concerns over slowing U.S. economic growth and uncertainty in trade policies. The weakness of the dollar has also prompted investors to seek safe-haven investments in other currencies and assets.
Overall, despite the risks of trade tensions and economic slowdown, the U.S. stock market showed strong rebound momentum this week, indicating a positive outlook for future economic prospects.
The U.S. SEC has postponed its decision on WisdomTree and VanEck's Bitcoin and Ethereum spot ETF physical redemption applications to June 3.
The South Korean presidential election will be held on June 3, with 16 million crypto voters potentially influencing key election outcomes.
The U.S. House Financial Services Committee will hold its second full hearing on June 4 regarding the structure of the crypto market and stablecoin regulatory legislation.
The U.S. SEC's cryptocurrency working group will hold a public roundtable on "DeFi and the American Spirit" on June 6.
Popular Sectors and Project Unlocks
Ethena (ENA) will unlock approximately 40.63 million tokens at 3 PM Beijing time on June 2, representing 0.70% of the current circulating supply, valued at approximately $12.5 million.
Staika (STIK) will unlock approximately 1.57 million tokens at 8 AM Beijing time on June 2, valued at approximately $1.4 million.
Cetus Protocol (CETUS) will unlock approximately 8.33 million tokens at 8 AM Beijing time on June 4, representing 1.15% of the current circulating supply, valued at approximately $1.1 million.
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 AM Beijing time on June 4, representing 0.42% of the current circulating supply, valued at approximately $1.7 million.
IOTA (IOTA) will unlock approximately 8.63 million tokens at 8 AM Beijing time on June 4, representing 0.23% of the current circulating supply, valued at approximately $1.6 million.
Taiko (TAIKO) will unlock approximately 81.55 million tokens at 8 PM Beijing time on June 5, representing 69.37% of the current circulating supply, valued at approximately $46.9 million.
Neon (NEON) will unlock approximately 53.91 million tokens at 8 AM Beijing time on June 7, representing 22.51% of the current circulating supply, valued at approximately $6.1 million.
The meme sector saw an increase of 5.04%, with Pepe (PEPE), dogwifhat (WIF), and SPX6900 (SPX) rising by 8.20%, 11.43%, and 15.14%, respectively.
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.
