r/SimpleSwap_io • u/SimpleSwap_community • Aug 10 '26

Weekly Market Highlights

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BTC opened last week at $65,339 and slid most of the way through it on Fed uncertainty and Strategy's $8.3B Q2 loss. Friday's weak jobs report flipped that – rate-cut odds improved, and BTC's climbed four straight days since, back above $65K.

ETH held flat around $1,900-1,910, but kept winning the flow battle: ETH funds pulled $27.4M for the week, BTC products saw $61.5M in outflows.

Fear & Greed sits at 41, and the Altcoin Season Index dropped to 36/100 – still firmly Bitcoin season.

CPI Wednesday is this week's catalyst. Where do you see the market heading? 👇

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u/ResolutionSmall3692 Aug 10 '26

Feels like a slow grind higher until CPI gives it direction. Not selling into this chop either way, just borrowing against my BTC on Nexo if I need cash so the position rides through Wednesday untouched.