Crypto Market Updates This Week
BTC ETF has a small outflow of $13 million, which is almost negligible. The trend of continuous net inflow of ETF funds since February this year has not been significantly reversed. Last week, the price of BTC has been in a narrow range of $82,000-86,000. Before the macroeconomic policy becomes clearer, the volatile trend may continue. In the past week, the Greed Fear Index has remained around 30, and market sentiment is still in a panic stage.
Last week, the ETH ETF had a net outflow of US$32.3 million, marking nine consecutive weeks of net outflows; the ETH/BTC exchange rate fell below 0.019, approaching its historical low; ETH's market share fell to 7.1%, a five-year low; the fundamentals of the Ethereum project cannot undergo significant changes in the short term, and market confidence has fallen to a freezing point.
This week's popular coins
In terms of popular currencies, FARTCOIN, MUSKIT, VOXEL, COMBP and LBR all performed well. MUSKIT's price rose by 247.53% this week, VOXEL's price rose by 234.94%, with the highest price being 0.1423USDT, and LBR's price rose by 166.46%.
US market and hot news
U.S. stocks fell overall last week (April 14-18), with the S&P 500 down 1.5%, the Dow Jones down 2.7%, and the Nasdaq down 2.6%, mainly affected by tariff policies and financial reports. The market was volatile, and tariff exemptions brought a short-term rebound, but concerns about the Sino-U.S. trade war and chip export restrictions dragged down technology stocks.
The Dow Jones fell after UnitedHealth's earnings report missed expectations, while the Nasdaq was boosted by strong earnings from Taiwan Semiconductor Manufacturing Co.
At 2 a.m. Beijing time on April 24, the Federal Reserve will release the Beige Book on economic conditions;
The U.S. SEC will hold its third crypto policy roundtable on April 25, focusing on custody issues;
Popular sections and projects unlocked
Balance announced the EPT token economic model. TGE will be launched on April 21, and Gate.io will launch EPT tokens on the day of TGE.
Cross-chain interoperability protocol Hyperlane will airdrop HYPER tokens on April 22, with 57% of the total supply allocated to community users;
Lending protocol Dolomite announced that its DOLO token TGE will be officially launched on April 24. Users can start receiving DOLO tokens on April 24, and 20% of DOLO tokens will be distributed to platform users as airdrops;
Sonic Labs' official .sonic domain name public sale is scheduled to start this week, but the exact time is not yet known;
