BitMart Market Report: BTC fell slightly, while Meme stocks rose across the board
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According to the Odaily market report on May 6, the total market capitalization of the cryptocurrency market was $2.92 trillion, down 0.38% from the previous day. BTC slightly declined, with BTC ETF achieving consecutive two weeks of large net inflows; ETH remained above $1,800, with ETH market share temporarily reported at 7.4%, and ETH having no independent market performance opportunity in the short term; the comprehensive long-short ratio was 0.97, with the short side at its lowest in 24 hours; Altcoins generally pulled back, with the market lacking fresh narratives, and old stories gradually being disproved; the MEME sector saw CHILLGUY, POPCAT, MOG and others rising, and compared to low-circulation, high FDV tokens, fully circulating meme coins are more favored by market funds.
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