Crypto Market Updates This Week
BTC ETF outflows of $707 million in a single week, and ETF funds have continued to net outflow since February this year. Last week, the price of BTC was in a wide range of $75,000-86,000. With Trump's tariff policy swinging left and right, the overall market volatility has increased significantly. Last Monday, when Trump announced the imposition of tariffs on many countries around the world, the global risk asset market generally fell sharply; when Trump announced the suspension of tariffs on some countries on Wednesday, the market ushered in a general rebound. The Greed Fear Index has been below 30 in the past week, and market sentiment is still in a panic stage.
Last week, the ETH ETF had a net outflow of US$82.5 million, marking eight consecutive weeks of net outflows. The ETH/BTC exchange rate continued to be below 0.02, and ETH's market share fell to 7.3%. Both figures are at a four-year low. The fundamentals of the Ethereum project cannot undergo major changes in the short term. The market's only expectation for the future of ETH is the pledgeable ETF, and market confidence has fallen to a freezing point.
This week's popular coins
In terms of popular currencies, SNL, RFC, AERGO, BROCC and XCN all performed well. SNL price increased by 1027.14% this week, RFC price increased by 490.58% with the highest price being 0.135USDT, and BROCCOLI price increased by 187.67%.
US market and hot news
Despite a turbulent week, the three major U.S. stock indexes finally closed higher last Friday and rose for the week; U.S. Treasury yields soared; the U.S. dollar fell; gold prices rose above $3,200 per ounce, setting a record high; crude oil futures closed higher, but still fell for the week.
On the evening of April 14th, Beijing time, US President Trump will meet with the President of El Salvador, which has previously established BTC as a legal currency;
Popular sections and projects unlocked
TRUMP will unlock 40 million tokens at 8:00 on April 18, worth about $334 million, accounting for 20% of the circulation (another daily linear unlocking of about 493,000 tokens, about $4.12 million);
CONX will unlock approximately 4.33 million tokens at 8:00 am on April 15, accounting for 376.3% of the current circulation and worth approximately US$77 million;
ARB will unlock 92.65 million tokens at 21:00 on April 16, worth approximately $28.22 million, accounting for 2.01% of the circulation;
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