Crypto Market Weekly Report: Capital Flow Divergence, Ethereum Shines

Market Overview

Last week, crypto investment products continued their upward momentum for the seventh consecutive week, recording a net inflow of approximately $286 million. However, the market structure showed a clear differentiation:

• The Bitcoin spot ETF experienced a reversal this week, with a net outflow of approximately $132 million, ending the previous six-week trend of inflows. This led to Bitcoin's price fluctuating narrowly around $106,000, with a weekly increase of only about 1.15%, closing at $105,600. During this period, the price briefly retreated to the $103,000-$104,000 range.

• In contrast, the Ethereum ETF continues to maintain a strong capital attraction, with a net inflow of approximately $321 million this week. This marks a net inflow for 15 consecutive trading days, totaling around $838 million. The strong capital inflow has driven the ETH price to rebound from around $2,460 and recover above the $2,500 region.

Overall, the market is currently experiencing a noticeable rotation between short-term capital withdrawal from Bitcoin and ongoing capital preference for Ethereum. This reflects institutional investors' continued optimism about the ETH ecosystem and its long-term value, while there are signs of a brief profit-taking for BTC.

Performance of Popular Cryptocurrencies

This week's standout popular cryptocurrencies include:

• MIXIE: Price skyrocketed 803% within the week, currently with a market cap of 26 million USD.
• TAG: Price increased by 335%, reaching a maximum of 0.0003998 USDT
• ZENAI: Price increased by 240.27%
• WEPE: Price increased by 154.57%
• ARENA: Price increased by 152.05%

Overview of the US Market

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 rose by 2.2%
• The S&P 500 Index rose by about 2.0%

This marks the second consecutive week of gains in the stock market, primarily driven by strong employment data, a boost from tech stocks, and expectations of easing trade tensions. Major tech stocks rose broadly, with Apple, Tesla, and Nvidia leading the charge. In particular, Tesla rebounded by about 3.7%, Nvidia saw an increase of over 4%, and Apple also recorded a significant recovery. The combined market capitalization of these three companies continues to grow, highlighting strong market confidence in the tech sector.

The U.S. dollar index fell by about 0.5% this week, dropping below 99, mainly because investors believe that inflation may slow down and are taking a cautious attitude towards the Federal Reserve's interest rate policy. The weakening dollar has also brought renewed attention to gold and other safe-haven assets, while further driving overseas capital into the U.S. stock market.

Overall, despite the uncertainty in trade policy, a strong labor market (with an addition of 139,000 non-farm jobs and an unemployment rate holding at 4.2%) provides lasting momentum to the market. The rise in the stock market this week reflects investors' optimistic outlook on future economic prospects and confidence in inflation control.

Recent Important Events

• The New York Fed's 1-year inflation expectations for May will be released on June 9 at 11 PM.
• The US House of Representatives is scheduled to review the crypto market structure bill on June 10.
• The US May CPI data will be released on June 9 at 8:30 PM.

Upcoming Projects

• Movement (MOVE): On June 9th at 8 PM, approximately 50 million tokens will be unlocked, accounting for 1.96% of the current circulating supply, valued at approximately 7.1 million USD.
• Delysium (AGI): On June 11 at 8 AM, approximately 69.03 million tokens will be unlocked, accounting for 4.00% of the current circulation, valued at about 3.8 million USD.
• io.net (IO): Approximately 3.22 million tokens will be unlocked at 8 PM on June 11, accounting for 1.98% of the current circulation, valued at about 2.5 million USD.
• Aptos (APT): Approximately 11.31 million tokens will be unlocked at 12 PM on June 12, accounting for 1.79% of the current circulation, worth about 52.7 million USD.
• BounceBit (BB): Approximately 42.89 million tokens will be unlocked at 8 AM on June 12, accounting for 10.47% of the current circulating supply, valued at approximately 4.6 million USD.

Meme Sector Performance

The meme coins on the Solana chain are particularly notable in their upward trend:

• Solaxy (SOLX) has a short-term increase of about 74%, becoming one of the most eye-catching meme tokens on Solana that week.
• Official Trump, Bonk, Pudgy Penguins, and others also saw a weekly increase of 4-15%, showing significant performance.

Risk Warning

All cryptocurrency investments are inherently highly speculative and involve significant risk of loss. Past, hypothetical, or simulated performance does not necessarily predict future results. The value of digital currencies may rise or fall, and there can be substantial risks involved in buying, selling, holding, or trading digital currencies. Investors should carefully consider whether trading or holding digital currencies is suitable for them based on their individual investment objectives, financial situation, and risk tolerance.