memzone's weekly recap, Oct 4-10
$BTC : ~$82.1K (-2.8% on the week)
$ETH: ~$2,490 (-6.8% on the week)
📌 What moved the market:
• ETF outflows: spot Bitcoin ETFs lost ~$679M and Ethereum ETFs ~$542M, the worst weekly outflow for ETH ETFs since January
• Macro pressure: oil, rate fears and Iran tensions weighed on risk assets
• Rebound on Friday: BTC bounced from ~$80.3K back above $82K
• Positive note: OKX raised funds at a $25B valuation and Ethereum's Glamsterdam upgrade went live on the Sepolia testnet
🧠 My take: $ETH was weaker than $BTC this week, mostly because of ETF flows. Next week I watch whether $82K holds on $BTC and whether ETF outflows slow down.
What was the biggest surprise for you this week? 👇
#bitcoin #Ethereum #CryptoMarket
$BTC : ~$82.1K (-2.8% on the week)
$ETH: ~$2,490 (-6.8% on the week)
📌 What moved the market:
• ETF outflows: spot Bitcoin ETFs lost ~$679M and Ethereum ETFs ~$542M, the worst weekly outflow for ETH ETFs since January
• Macro pressure: oil, rate fears and Iran tensions weighed on risk assets
• Rebound on Friday: BTC bounced from ~$80.3K back above $82K
• Positive note: OKX raised funds at a $25B valuation and Ethereum's Glamsterdam upgrade went live on the Sepolia testnet
🧠 My take: $ETH was weaker than $BTC this week, mostly because of ETF flows. Next week I watch whether $82K holds on $BTC and whether ETF outflows slow down.
What was the biggest surprise for you this week? 👇
#bitcoin #Ethereum #CryptoMarket