Cryptocurrency Market Performance
Currently, the total cryptocurrency market capitalization is $3.34 trillion, with BTC accounting for 61.55%, valued at $2.06 trillion.Stablecoin market cap is $247.3 billion, with a 7-day increase of 0.56%, of which USDT accounts for 62.14%.
This week, BTC price showed a downward oscillation, currently at $104,851; ETH is experiencing range-bound oscillation, currently at $2,619.
CoinMarketCap Among the top 200 projects, a small portion rose while most declined, including: SPX 7-day increase of 26.24%, ZBCN 7-day increase of 133.19%, WCT 7-day increase of 97.2%, SNT 7-day increase of 84.9%.
This week, US Bitcoin spot ETF net outflow: $145 million; US Ethereum spot ETF net outflow: $285.8 million.
The "Fear & Greed Index" on May 30 was 61 (index higher or lower than last week), with sentiment being: 7 days of greed.
Market Forecast:
This week, stablecoins continued to be issued, with US Bitcoin spot ETF experiencing net outflows, breaking the multi-week net inflow trend, while Ethereum spot ETF saw net inflows. After BTC reached a new high last week, profit-taking addresses began to sell, with a 7-day decline of 3.73%. The RSI index is 30.63, showing weakness, with the Altcoin season index at 18. The US April core PCE price index year-on-year was 2.5%, in line with expectations. The Fear & Greed Index returned to neutral.
The probability of the Federal Reserve cutting rates by 25 basis points in June is only 2.2%. The current uncertainty of tariffs still significantly impacts the market. Generally, Bitcoin tends to experience a pullback after breaking to a new high, which is normal. It is expected that Bitcoin will oscillate around $95,000-$105,000 in the coming week, with a focus on ETF inflows and the latest tariff policies of the Trump administration.
(The translation continues in the same manner for the rest of the text, maintaining the specified translations and preserving the XML tags.)5. On June 5th, the European Central Bank will announce its interest rate decision.
Token Unlocks
1. Ethena (ENA) will unlock 40.63 million tokens on June 2nd at 15:00, valued at approximately $15.93 million, representing 0.7% of circulating supply.
2. Gravity (G) will unlock 121 million tokens on June 5th, valued at approximately $1.57 million, representing 1.01% of circulating supply;
3. Alchemy Pay (ACH) will unlock 116 million tokens on June 7th, valued at approximately $2.47 million, representing 1.17% of circulating supply;
4. Jito (JTO) will unlock 11.31 million tokens on June 7th, valued at approximately $18.33 million, representing 1.13% of circulating supply;
5. Ethereum Name Service (ENS) will unlock 1.46 million tokens on June 8th, valued at approximately $29.75 million, representing 1.46% of circulating supply.
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", offering precise market interpretation and practical strategies for investors at different levels through comprehensive cryptocurrency industry trend analysis, multi-dimensional potential project assessment, and round-the-clock market fluctuation monitoring, combined with bi-weekly "Hotcoin Selection" strategy livestreams and daily blockchain news updates. Leveraging cutting-edge data analysis models and industry resource networks, we continuously empower new investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment inherently carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure capital safety.
