📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Bitcoin ETF has seen net inflows for three consecutive weeks as BTC breaks the $100,000 barrier.
Crypto market dynamics this week
Recently, Bitcoin ETFs have seen net inflows for three consecutive weeks, with last week's net inflow reaching $920 million. The net inflows for the previous two weeks were $3.03 billion and $1.81 billion, respectively. The continued influx of funds reflects the market's optimistic expectations for the future. In the past week, Bitcoin's price once touched a high of $105,000, with the potential to set a new historical high in May. The market's greed and fear index has been continuously rising, and sentiment has entered the greed phase.
Last week, the Ethereum ETF saw a net outflow of $38 million, but its price still surged significantly from the $1,800 range to $2,600, with a maximum daily increase of 25%. The Ethereum/Bitcoin exchange rate has risen noticeably, currently reported at 0.024; Ethereum's market share has also rebounded from around 7% to 9%. From the perspective of ETF fund flows, the recent surge in Ethereum is not highly correlated with the ETF. Some viewpoints suggest that the current rise in Ethereum may only be a short-term rebound, as several indicators are at historical lows.
Performance of Popular Cryptocurrencies
The cryptocurrencies that performed outstandingly this week include MOODENG, GOAT, PNUT, PI, and KAITO. Among them, MOODENG saw a staggering increase of 566.53% during the week, reaching a peak price of 0.2889 USDT, with a current market value of approximately 260 million USD. GOAT's price rose by 212.9%, peaking at 0.2503 USDT. PNUT increased by 167.6%.
Overview of the US Market
The major US stock indices had mixed performances. The S&P 500 index fell 0.8%, the Dow Jones Industrial Average dropped 1.2%, and the Nasdaq index declined 1.5%. The market fluctuated due to uncertainties surrounding tariffs and corporate earnings reports. Tariff exemptions provided a brief rebound, but the tensions between China and the US along with chip export restrictions hit technology stocks hard. Intel's poor earnings report weighed on the Nasdaq, while Tesla's strong performance supported the S&P 500.
Important Economic Data and Events
Popular Sector Dynamics
The Meme coin sector is performing actively, with MOODENG, GOAT, CHILLGUY, and others experiencing significant increases. MOODENG's intraday increase exceeds 130%, while its weekly increase surpasses 6 times, with multiple trading platforms listing it to boost demand.
In the AI agent sector, PIPPIN, SWARMS, GRIFFAIN, and others have risen, indicating that this track is still of interest to the market. However, the relevant tokens are still significantly below their historical highs, reflecting skepticism in the market regarding existing projects, and there may be expectations for new projects to emerge.
Token Unlocking Information
Risk Warning
Cryptocurrency investment is highly speculative and carries significant risk of loss. Past performance does not guarantee future results. Investors should carefully assess their personal risk tolerance and make decisions cautiously. The value of digital currency is highly volatile, and there are risks associated with both trading and holding. It is advisable to fully understand the relevant risks before making any investment decisions.