BitMart Market Weekly Report 6.02-6.08
According to BitMart's market report on June 9, the total market capitalization of cryptocurrencies in the past week was $3.29 trillion, a decrease of 0.2% compared to the previous week.
This Week's Cryptocurrency Market Dynamics
Last week, despite the overall net inflow of approximately $286 million into cryptocurrency investment products, continuing a seven-week upward trend, the structure showed significant divergence: Bitcoin spot ETFs reversed this week, with a net outflow of about $132 million, ending the previous six-week inflow trend, which led to Bitcoin prices fluctuating narrowly around $106k, with a weekly increase of only about +1.15% to $105.6k, while the price briefly retreated to the $103-$104k range. In contrast, Ethereum ETFs continued to maintain a strong capital inflow, with a net inflow of approximately $321 million this week, marking a total inflow of about $838 million over 15 consecutive trading days, pushing the ETH price to rebound from around $2,460 and recover to above the $2,500 range. Overall, the market is currently experiencing a clear rotation between short-term capital withdrawal from Bitcoin and sustained capital favoring Ethereum, reflecting institutions' ongoing optimism about the ETH ecosystem and its long-term value, while showing signs of short-term profit-taking for BTC.
This Week's Popular Coins
In terms of popular coins, MIXIE, TAG, ZENAI, WEPE, and ARENA have all performed well. MIXIE's price increased by 803%, with a current market cap of $26M. TAG's price rose by 335%, reaching a peak price of 0.0003998 USDT. ZENAI's price increased by 240.27%, while WEPE and ARENA rose by 154.57% and 152.05%, respectively.
US Market Overview and Hot News
As of the week of June 6, 2025, the US stock market performed strongly, with all three major indices recording significant gains. The Dow Jones Industrial Average rose by 1.2%, the Nasdaq Composite Index increased by 2.2%, and the S&P 500 Index rose by about 2.0%, marking the second consecutive week of gains, primarily driven by strong employment data, tech stock momentum, and expectations of easing trade tensions. Major tech stocks generally rose, with Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA) leading the way. Notably, Tesla rebounded by about 3.7%, Nvidia gained over 4%, and Apple also recorded a significant recovery, with the combined market cap of these three companies continuing to grow, emphasizing strong market confidence in the tech sector. The US Dollar Index (DXY) fell by about 0.5% this week, dropping below approximately 99, as investors believed inflation might slow down and took a cautious stance on the Federal Reserve's interest rate policy. The weakening dollar also renewed interest in gold and other safe-haven assets, further driving overseas capital into the US stock market. Overall, despite ongoing uncertainties in trade policy, the strong labor market—adding 139,000 non-farm jobs and maintaining an unemployment rate of 4.2%—provides lasting momentum for the market. The stock market's rise this week reflects investors' optimistic expectations for future economic prospects and confidence in inflation control.
The US May New York Fed 1-Year Inflation Expectations will be released on June 9 at 11 PM Beijing time.
The US House of Representatives will review the cryptocurrency market structure bill on June 10.
The US May CPI data will be released at 8:30 PM Beijing time.
Popular Sectors and Project Unlocks
Movement (MOVE) will unlock approximately 50 million tokens on June 9 at 8 PM Beijing time, accounting for 1.96% of the current circulating supply, valued at approximately $7.1 million.
Delysium (AGI) will unlock approximately 69.03 million tokens on June 11 at 8 AM Beijing time, accounting for 4.00% of the current circulating supply, valued at approximately $3.8 million.
io.net (IO) will unlock approximately 3.22 million tokens on June 11 at 8 PM Beijing time, accounting for 1.98% of the current circulating supply, valued at approximately $2.5 million.
Aptos (APT) will unlock approximately 11.31 million tokens on June 12 at 12 PM Beijing time, accounting for 1.79% of the current circulating supply, valued at approximately $52.7 million.
BounceBit (BB) will unlock approximately 42.89 million tokens on June 12 at 8 AM Beijing time, accounting for 10.47% of the current circulating supply, valued at approximately $4.6 million.
In the meme sector, meme coins on the Solana chain have shown particularly strong momentum. Solaxy (SOLX) has a short-term increase of about +74%, becoming one of the most notable meme coins on Solana this week; meanwhile, Official Trump, Bonk, and Pudgy Penguins have also seen weekly increases of 4-15%, contributing significantly.
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 buying, selling, holding, or trading digital currencies may involve significant risks. 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.
