The total market cap of cryptocurrencies over the past week was 3.34 trillion, up 7.4% from the previous week. Article author and source: BitMart. This week's crypto market dynamics: Last week (2025.06.23-2025.06.29), $BTC ETF saw a net inflow of $2.214 billion, achieving a large net inflow for the third consecutive week, with a total inflow of $45 billion in the past three weeks. In the past week, $BTC briefly dipped to around $99,000 before rebounding sharply, and is currently consolidating narrowly around $108,500. $BTC's market share broke through 64.6%, continuing to be at a nearly 4-year high. Last week, $ETH ETF saw a net inflow of $283.00 million, achieving net capital inflow for the fourth consecutive week. Although $ETH funds continued to flow in, $ETH has been continuously constrained by the $2,500 level in the past week. The ETH/BTC exchange rate is temporarily reported at 0.023, and the $ETH market share is temporarily reported at 9.1%.
This Week's Hot Coins: In terms of hot coins, PENGU, BSW, W, ZRC, and DBR have all performed well. PENGU's price rose 71.89% this week, with a current market cap of $92M. BSW's price rose 12.13%, with a highest price of 0.03481USDT. W and DBR rose 32.34% and 5.97% respectively.
US Market Overview and Hot News: The Middle East war may end early due to inflation fears triggered by soaring crude oil prices. The stock market hit a record high, and the US government's continued calls for substantial interest rate cuts, as well as the new Federal Reserve Chairman's promise to cut interest rates to 1% and maintain them at that level indefinitely, further supported the stock market. After two weeks of sideways consolidation, the S&P 500 index soared 3.4%. The Dow Jones 30 index long-short strategy made a strong comeback this week, with the sector rotation strategy performing the 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 virtual asset service provider rules, and individuals registered with PSAV must comply with the new regulations by July 1. On Thursday at 20:30, the number of initial jobless claims in the United States for the week of June 21, the unemployment rate in June, the non-farm payroll population after seasonal adjustment in June, and the trade account in May were released.
Hot Sectors and Project Unlocks: Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 AM Beijing time on June 30, with a ratio of 0.67% to the current circulation, worth approximately $17.40 million. Sui (SUI) will unlock approximately 44.00 million tokens at 8:00 AM Beijing time on July 1, with a ratio of 1.3% to the current circulation, worth approximately $122.8 million. Ethena (ENA) will unlock approximately 40.60 million tokens at 3:00 PM Beijing time on July 2, with a ratio of 0.67% to the current circulation, worth approximately $10.70 million.
ZKZK (Zero-Knowledge Proof) sector refers to crypto assets that utilize zero-knowledge proof technology, focusing on privacy protection, scalability, and efficient data verification, typically represented by ZK-rollups and privacy public chains, combining technological innovation and application potential. As the demand for privacy and performance in blockchain grows, ZK projects are rapidly emerging and gaining market attention. 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 a speculative focus in fund rotation due to the hype of 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 to the external world, used to securely 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, the oracle acts as an intermediary bridge, playing 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 a technical challenge, and decentralized solutions such as Chainlink improve credibility through multi-source data aggregation and encryption technology. - The sector has risen 4.7% in the past 7 days, with BIRD and SEDA rising 28.9% and 13.3% respectively.
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