ZBT traded with elevated volatility this week, ranging overall in the $0.10–$0.21 zone. It opened near $0.116–$0.122 on August 3, saw a sharp mid-week spike (reaching highs around $0.19–$0.207 on August 6–7 amid higher volume), then pulled back to close near $0.104–$0.105 by August 9. Despite the swings, liquidity remained functional and volumes were solid on the upside days.

The broader crypto market showed resilience and modest net gains amid ongoing geopolitical noise and supportive macro data. Total cryptocurrency market capitalization held in the $2.20T–$2.22T range, ending near $2.21T.

Bitcoin opened the week near $63,460–$63,500 on August 3, dipped to a low around $62,200–$62,300 early in the period, then steadily recovered. It reached a weekly high near $65,300–$65,370 on August 7 before consolidating and closing the week in the $64,900–$65,150 zone (around $65,000–$65,140 levels by August 9). This represented a net gain of roughly 4–5% from the weekly low.

Ethereum moved in parallel, starting around $1,860, dipping toward $1,830 before rebounding and settling near $1,910–$1,925 by week’s end — a gain of approximately 4–5% from the low.

Derivatives metrics reflected improving but still cautious sentiment. Open interest stabilized, 24-hour liquidations stayed moderate outside of short-covering spikes mid-week, and funding rates on major pairs hovered near neutral to mildly positive as prices recovered.

Macro and geopolitical developments dominated early headlines. Ongoing U.S.-Iran tensions, shipping disruptions and incidents in the Strait of Hormuz, Houthi-related threats, and related Middle East dynamics kept energy markets sensitive. Oil prices retreated sharply early in the week after signals of paused strikes and renewed diplomatic channels (including Oman/Qatar mediation efforts): WTI fell toward the low-$80s and Brent dropped from near $97 levels toward the high-$80s on August 3, later fluctuating lower amid supply and negotiation news. These moves eased some inflation and risk-off pressure.

U.S. labor market data provided a clear positive catalyst later in the week. July nonfarm payrolls unexpectedly declined by 23,000 (versus expectations of solid gains), the weakest reading in some time. This tempered near-term rate-hike concerns and supported risk assets into the weekend. (July CPI data is scheduled for release on August 12.)

U.S. equity markets posted strong weekly gains and multiple record closes. The S&P 500 rose approximately 3.5–3.6% for the week, finishing near 7,758 after setting new highs. The Nasdaq Composite gained roughly 5.2%, driven by technology and AI-related strength, while the Dow advanced about 3%. Soft jobs data, lower oil, and solid earnings momentum fueled the advance.

Institutional participation strengthened notably. U.S. spot Bitcoin ETFs recorded robust net inflows of approximately $850 million–$1.1 billion for the week (one of the strongest weeks since April), with consistent daily positives and BlackRock’s IBIT leading. Ethereum ETFs also posted meaningful positive flows (around $200–$250 million range).

Crypto Fear & Greed Index remained in fear territory, fluctuating in the high-20s to low-30s (ending near 31–32).

On-chain data offered constructive undercurrents. Long-term holder accumulation continued at current levels, exchange netflows showed reduced selling pressure during the rebound, and whale activity indicated building support around the $62k–$64k Bitcoin zone amid the recovery.

In summary, the August 3–9 period delivered a measured upside recovery in spot crypto prices, supported by strong ETF inflows, softer U.S. jobs data, and easing energy prices after early geopolitical spikes.

Equity markets hit fresh records while sentiment stayed cautious due to Middle East risks and the still-elevated Fear & Greed readings. With institutional flows turning decisively positive and on-chain trends constructive, the market continues to consolidate higher within a complex macro and geopolitical backdrop.