Crypto Assets Market Weekly Review

This week, the Crypto Assets market has shown varying degrees of growth. Bitcoin's price increased by 3.23%, while Ethereum rose by 5.17%. Notably, a certain coin performed exceptionally well, with a price increase of 7.7%. However, the overall market's total market capitalization saw a slight decline, dropping to $2.77 trillion, a decrease of 1.46%. Market sentiment indicators show that investors remain cautious, with the fear and greed index maintaining in the fear range at 27.

In terms of fund flows, Bitcoin-related ETF products have shown net outflows for five consecutive weeks, with outflows reaching $830 million this week. Ethereum-related ETF products also saw net outflows for four consecutive weeks. It is worth noting that the exchange rate of Ethereum against Bitcoin fell to 0.023, hitting a new low in nearly four years. Despite this, an index remains around 0.8, indicating that the price of bitcoin is still in the buying range for long-term investors.

This week's standout tokens include CAKE, MUBARAK, BMT, X, and XRP. Among them, MUBARAK saw a price increase of 64.02% this week, with a peak price reaching $0.2158. BMT's increase was even more impressive at 77.15%, while CAKE rose by 49%, currently with a market capitalization of approximately $700 million.

In the US financial markets, the major stock indices fell slightly. The Federal Reserve maintained the current interest rate level, but some politicians are calling for a rate cut, believing that the impact of tariff policies on the economy is gradually becoming apparent, which may have an indirect effect on the Crypto Assets market.

Notable industry developments include: The Federal Reserve will soon announce its interest rate decision and economic outlook summary; a major exchange plans to launch Solana futures products, pending regulatory approval; the U.S. Securities and Exchange Commission's crypto assets working group is about to hold its first roundtable meeting to advance discussions on crypto asset regulation.

In terms of project dynamics, the Ethereum Layer 2 solution Starknet is about to launch its mainnet, attracting market attention. At the same time, the projects Fasttoken and Melania Meme will unlock a certain amount of coins, which may have a short-term impact on the market.

In addition, cross-chain communication related projects performed well this week, with a market cap growth of 89.7%. Among them, projects like STAKELAYER, GASP, and ZRO stood out particularly. The market cap of a certain investment portfolio also increased by 60.7%, demonstrating strong resilience against downturns, with projects like VPP, TOKE, AXS, and SKL rising against the trend.