Crypto Market Updates This Week

Last week (May 12, 2025 - May 18, 2025), BTC ETF had a net inflow of $608 million, marking four consecutive weeks of net inflow.

Last week (May 12, 2025 - May 18, 2025), BTC ETF had a net inflow of $608 million, marking four consecutive weeks of net inflow. In the past month, BTC ETF has received a total inflow of $6.368 billion, and the continuous inflow of funds indicates optimism in the future.

This week, BTC reached a high of $107,000, and BTC is expected to hit a record high. BTC's market share remains above 60%, and the BTC market is not over yet.

Last week, ETH ETF had a net inflow of $41.8 million, and ETH was in a narrow range of $2,400-2,700. The ETH/BTC exchange rate fell back after hitting a short-term high of 0.025, and is now temporarily at 0.023; at the same time, ETH's market share fell from a high of 9.4% to around 8.8%. From the daily level, BTC has fallen for almost 6 consecutive days after hitting $2,700, and $2,700 has become ETH's short-term price resistance point.

This week's popular coins

In terms of popular currencies, MOODENG, LABUBU, LAUNCHCOIN, KTA and PATAKE all performed well. MOODENG's price rose by 92261.01% this week, with the highest price being 0.002446USDT. LAUNCHCOIN's price rose by 1247.22%, with the highest price being 0.2907USDT, and its current market value is 200 million US dollars. KTA's price rose by 95.22%.

US market and hot news

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

The number of initial jobless claims in the United States for the week ending May 17 will be announced at 20:30 Beijing time on May 22;

Popular sections and projects unlocked

Meme coins such as NEIRO, MOODENG, and GOAT surged. In the rebound, market funds prefer fully circulated popular meme coins. MOODENG has risen more than 10 times in the past month, becoming the best performing meme coin in the same period. In early May, several mainstream trading platforms announced the listing of MOODENG, stimulating the demand for token purchases.

AI agent sectors such as VIRTUAL, GRIFFAIN, and AVAAI. As the most important narrative for the integration of cryptocurrency with the mainstream world, the AI sector has generally outperformed other sectors in the market over the past two years.

Polyhedra Network (ZKJ) has unlocked about 15.53 million tokens at 8:00 am Beijing time on May 19, accounting for 5.3% of the current circulation and worth about US$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 circulation, with a value of approximately US$338 million;

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