Weekly #Cryptocurrency Market Report - May 10, 2025
Total Market Cap: $3.32 trillion (8.47% weekly increase, 45.88% annual growth).
Bitcoin Dominance 60.55%
24-Hour Trading Volume $39.86 billion (focused on Bitcoin).
Fear and Greed Index 66 (medium-high greed,
Top Cryptocurrencies of the Week
Bitcoin (#BTC):
Price: $103,464.05
Weekly Performance: 7.14% increase.
Note: Broke $100,000 resistance, $95,700 support level.
Macro uncertainties (Trump tariffs, Fed) pose volatility risks.
Ethereum (ETH):
Price: ~$2480
Weekly Performance: 31.7% increase, supported by Pectra update.
Weekly closes above $2,120T may target $3,500
Meme Coins: Market cap down 3.7% to $53.69 billion. More than half of the top 20 lost.
#AI Sector: 4.5% down, $2.5 billion in market cap. Tether’s decentralized AI platform is driving interest.
DeFi and NFT: DeFi TVL down $48.9 billion (down 27.5%). #NFTs are showing signs of recovery.
US stablecoin bill awaits Senate, SEC’s “stablecoins are not securities” statement is positive.
#Bitcoin ETFs: $2.97 billion inflow, institutional interest increases.
#Solana: Critical zero-day bug fixed, centralization criticism continues.
Volatility: Bitcoin’s move above $100,000 is not sustainable, there is a correction risk.
Altcoin Season: Altcoin rally could be triggered if Bitcoin dominance falls below 63%.
Macro Factors: Trump’s trade agreements and Fed’s interest rate policies could affect the market.
Portfolio Management: Consider profit taking in overvalued assets, use stop-loss.