BitMart Market Weekly Report 6.23-6.29
According to BitMart's market report on June 30, the total market capitalization of cryptocurrencies in the past week was $3.34 trillion, an increase of 7.4% compared to the previous week.
This Week's Crypto Market Dynamics
Last week (2025.06.23-2025.06.29), BTC ETF saw a net inflow of $2.214 billion, marking three consecutive weeks of significant net inflows, totaling $4.5 billion over the past three weeks. In the past week, BTC briefly spiked to around $99,000 before rebounding significantly, currently consolidating in a narrow range around $108,500. BTC's market share has surpassed 64.6%, remaining at a nearly four-year high.
Last week, ETH ETF recorded a net inflow of $283 million, achieving net inflows for four consecutive weeks. Although ETH funds continue to flow in, ETH has been constrained by the $2,500 level over the past week. The ETH/BTC exchange rate is currently reported at 0.023, with ETH's market share at 9.1%.
This Week's Popular Coins
In terms of popular coins, PENGU, BSW, W, ZRC, and DBR have all performed well. PENGU's price has increased by 71.89% this week, with a current market cap of $92M. BSW's price rose by 12.13%, reaching a peak price of 0.03481 USDT. W and DBR increased by 32.34% and 5.97%, respectively.
U.S. Market Overview and Hot News
The Middle East war may end prematurely due to inflation fears triggered by soaring oil prices. The stock market has reached an all-time high, while the U.S. government continues to call for significant interest rate cuts, and the new Federal Reserve chair has promised to lower rates to 1% and maintain that level indefinitely, further supporting the stock market.
After two weeks of sideways consolidation, the S&P 500 index surged by 3.4%. The Dow Jones 30 index's long-short strategy made a strong comeback this week, with sector rotation strategies performing best, rising by 3.4%.
Singapore has requested that crypto companies providing offshore services but operating physically in the country cease operations by June 30.
Argentina has finalized rules for virtual asset service providers, requiring individuals registered with PSAV to comply with new regulations by July 1.
On Thursday at 20:30, the U.S. will release initial jobless claims for the week ending June 21, the unemployment rate for June, seasonally adjusted non-farm payrolls for June, and the trade balance for May.
Popular Sectors and Project Unlocks
Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 AM Beijing time on June 30, representing 0.67% of the current circulating supply, valued at about $17.4 million.
Sui (SUI) will unlock approximately 44 million tokens at 8:00 AM Beijing time on July 1, representing 1.3% of the current circulating supply, valued at about $122.8 million.
Ethena (ENA) will unlock approximately 40.6 million tokens at 3:00 PM Beijing time on July 2, representing 0.67% of the current circulating supply, valued at about $10.7 million.
ZK
The ZK (Zero-Knowledge Proof) sector refers to crypto assets that utilize zero-knowledge proof technology, focusing on privacy protection, scalability, and efficient data verification, typically represented by ZK-rollups and privacy public chains, combining technological innovation with application potential. As the demand for privacy and performance in blockchain grows, ZK projects have rapidly emerged, attracting significant market attention. On one hand, they attract developers and institutional investors with high technical barriers and Layer 2 optimizations; on the other hand, they have also become a speculative focus in capital rotation due to the hype around technological narratives. ------ Over the past 7 days, this sector has risen by 5.2%, with MOVE and ZKML increasing by 39.1% and 16.7%, respectively.
Oracle
Oracles are a key mechanism in the blockchain ecosystem that connects smart contracts with the external world, used to securely and reliably bring real-world data onto the blockchain to support the execution of smart contracts. Since blockchains cannot directly access off-chain data, oracles act as intermediary bridges, playing a core role in decentralized finance (DeFi), supply chain management, and insurance, such as providing real-time asset prices or verifying transaction conditions. However, the reliability and security of oracle data remain technical challenges, and decentralized solutions like Chainlink enhance credibility through multi-source data aggregation and cryptographic techniques. ------ Over the past 7 days, this sector has risen by 4.7%, with BIRD and SEDA increasing by 28.9% and 13.3%, respectively.
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 represent future results.
The value of digital currencies may rise or fall, and there may be 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.
