Crypto Market Trends and Outlook

Market Observation

The tax cut bill promoted by Trump faces resistance in the Senate, with divisions emerging within the Republican Party. Trump continues to pressure the Federal Reserve, calling for significant interest rate cuts, raising concerns among economists about the independence of the central bank. Nevertheless, the U.S. stock market remains strong, with both the S&P 500 and Nasdaq indices reaching all-time highs.

Blockchain and traditional finance are accelerating their integration, with tokenized stocks becoming a new trend. Multiple cryptocurrency exchanges are laying out related businesses, but insufficient liquidity and lack of regulation remain challenges. Stablecoins and tokenized stocks are attracting more institutional funds into the crypto market.

Bitcoin broke through $108,500 over the weekend, approaching its historical weekly closing high. Analysts have differing opinions on the short-term trend; some believe the bulls still have the upper hand, while others predict that the bull market may peak between September and October this year. Ethereum outperformed Bitcoin, with the weekly closing above $2,500.

The popularity of Meme coins remains strong, and Moonshot has launched a Meme coin creation tool, with several new coins going live. Some projects like $MORI and $USELESS are performing well, with market capitalizations exceeding the hundred million dollar level.

Key Data

• Bitcoin Price: $108,379, Year-to-Date Increase 15.67%
• Ethereum price: $2,500.45, year-to-date decline of 25.2%
• Fear and Greed Index: 52( Neutral )
• Market Share: Bitcoin 64.7%, Ethereum 9.1%
• Liquidation amount in the last 24 hours: 201 million USD

ETF Capital Flow

• Bitcoin ETF: Net inflow for 14 consecutive days, with a net inflow of $501 million this week.
• Ethereum ETF: This week net inflow of $77.4472 million

Today's Key Focus

• Binance Wallet exclusive TGE launches NodeOps (NODE)
• Vitalik participated in the fireside chat at Robinhood in Cannes.
• The U.S. Senate votes on the Beautiful Law Act.
• The governors of major central banks hold a panel discussion.
• Multiple project token unlocks, including Optimism, Sui, etc.

Market Highlights

• Tokens such as SUI are about to face a large unlock.
• Binance Alpha launches Fuel Network (FUEL) airdrop event
• AguilaTrades increased Bitcoin long position to $216 million
• A survey in South Korea shows that 27% of people aged 20 to 50 hold encryption currency.
• The RWA market size grew by 85% year-on-year to $24 billion.
• a16z has once again transferred COMP tokens to Coinbase Prime
• BlackRock has increased its Bitcoin holdings for 9 consecutive weeks.
• Endless Clouds announced the END tokenomics
• Arthur Hayes made a profit of 1.02 million USD
• The TRUMP team transferred a large amount of TRUMP tokens to the exchange.