Crypto Market Updates This Week
Last week (2025.06.23-2025.06.29), BTC ETF had a net inflow of 2.214 billion US dollars, achieving large net inflows for three consecutive weeks, and a total of 4.5 billion US dollars in the past three weeks. In the past week, BTC briefly plunged to around 99,000 US dollars and then rebounded sharply. It is currently consolidating in a narrow range around 108,500 US dollars. BTC's market share exceeded 64.6%, continuing to be at a nearly 4-year high.
Last week, ETH ETF had a net inflow of $283 million, achieving net inflows for four consecutive weeks. Although ETH funds continue to flow in, ETH has been constrained by the $2,500 mark in the past week. The ETH/BTC exchange rate is currently reported at 0.023, and ETH's market share is currently reported at 9.1%.
This week's popular coins
In terms of popular currencies, PENGU, BSW, W, ZRC and DBR all performed well. PENGU's price rose by 71.89% this week, and its current market value is $92M. BSW's price rose by 12.13%, with the highest price being 0.03481USDT. W and DBR rose by 32.34% and 5.97% respectively.
US market and hot news
The Middle East war may end prematurely due to inflation fears triggered by surging crude oil prices. Stocks hit record highs, further supported by the U.S. government's continued calls for sharp interest rate cuts and the new Federal Reserve chairman's promise to cut rates to 1% and keep them there indefinitely.
After two weeks of sideways trading, the S&P 500 surged 3.4%. The Dow 30 long-short strategy returned strongly this week, with sector rotation strategies performing best, up 3.4%.
Singapore requires crypto companies that have entities in the country but provide offshore services to cease operations by June 30
Argentina finalizes rules for virtual asset service providers; individuals registered with PSAV must comply with new regulations by July 1
At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending June 21, the unemployment rate in June, the seasonally adjusted non-farm payrolls in June, and the trade account in May
Popular sections and projects unlocked
Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 am Beijing time on June 30, accounting for 0.67% of the current circulation and worth approximately US$17.4 million.
Sui (SUI) will unlock about 44 million tokens at 8:00 am Beijing time on July 1, accounting for 1.3% of the current circulation, with a value of about US$122.8 million
Ethena (ENA) will unlock approximately 40.6 million tokens at 3:00 pm Beijing time on July 2, accounting for 0.67% of the current circulation and worth approximately US$10.7 million.
ZK
The ZK (zero-knowledge proof) sector refers to crypto assets that use zero-knowledge proof technology, focusing on privacy protection, scalability, and efficient data verification. It is usually represented by ZK-rollups and privacy public chains, and has both technological innovation and application potential. With the growth of blockchain's demand for privacy and performance, ZK projects have risen rapidly and attracted much attention from the market. On the one hand, they attract developers and institutional investment with high technical barriers and Layer 2 optimization; on the other hand, they have also become the focus of speculation in capital rotation due to the craze for technical narratives. - The sector has risen 5.2% in the past 7 days, with MOVE and ZKML rising 39.1% and 16.7% respectively.
Oracle
Oracle is a key mechanism in the blockchain ecosystem that connects smart contracts with the outside world. It is used to safely and reliably introduce real-world data into the blockchain to support the execution of smart contracts. Since the blockchain itself cannot directly access off-chain data, oracles, as intermediary bridges, play a core role in decentralized finance (DeFi), supply chain management, and insurance, such as providing real-time asset prices or verifying transaction conditions. However, the data reliability and security of oracles remain technical challenges, and decentralized solutions such as Chainlink enhance credibility through multi-source data aggregation and encryption technology. ——The sector rose 4.7% in the past 7 days, with BIRD and SEDA rising 28.9% and 13.3% respectively.
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