Crypto Assets Market Weekly Report

Market Overview

This week, the Crypto Assets market has been highly volatile. Bitcoin's price has fluctuated significantly between $75,000 and $86,000. Market sentiment has been strongly influenced by changes in US policies, with the Fear and Greed Index remaining below 30, indicating that the market is still in a state of panic.

Bitcoin ETF saw a fund outflow of $707 million in a single week, continuing the trend of sustained net outflows since February this year. Ethereum ETF has also experienced net outflows for eight consecutive weeks, with an outflow of $82.5 million last week. The exchange rate of Ethereum relative to Bitcoin and its market share have both dropped to nearly four-year lows, reflecting a severe lack of confidence in the outlook for Ethereum.

Performance of Popular Coins

This week's standout tokens include SNL, RFC, AERGO, BROCC, and XCN. Among them, SNL saw the most significant increase, with a price rise of 1027.14% during the week. RFC followed closely, rising by 490.58%, peaking at 0.135USDT. BROCCOLI also performed well, with an increase of 187.67%.

Dynamics of the US Financial Markets

Despite a turbulent week, the three major U.S. stock indexes ultimately closed higher and recorded weekly gains. Bond yields surged, while the dollar index fell. Gold prices broke through the historic high of $3,200 per ounce. Although crude oil futures closed higher on Friday, they still recorded a weekly decline.

Important Event Announcement

• On the evening of April 14, the President of the United States will meet with the President of El Salvador, who established Bitcoin as legal tender in his country.
• On April 18th at 8:00, the TRUMP token will unlock 40 million coins, worth approximately $334 million, accounting for 20% of the circulating supply.
• On April 15th at 8:00 AM, CONX will unlock approximately 4.33 million tokens, equivalent to 376.3% of the current circulating supply, valued at around $77 million.
• On April 16 at 21:00, ARB will unlock 92.65 million tokens, worth approximately $28.22 million, accounting for 2.01% of the circulating supply.

Risk Warning

Crypto Assets investment is highly speculative and carries a significant risk of loss. Past performance does not guarantee future results. The value of digital currency can fluctuate significantly, and investors should make careful decisions based on their individual circumstances and risk tolerance. This report does not constitute any investment advice.