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A smiling East Asian woman in a dark blue business suit sits on a leather sofa, holding a newspaper titled 'Crypto Highlights'. She is in a modern, futuristic city setting with skyscrapers and flying vehicles visible through a large window.

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ZarGates

@zargates · 2026-07-11

A smiling East Asian woman in a dark blue business suit sits on a leather sofa, holding a newspaper titled 'Crypto Highlights'. She is in a modern, futuristic city setting with skyscrapers and flying vehicles visible through a large window.

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📊 ZARGATES Crypto Market Weekly Highlights | Week of July 5–11, 2026 • Bitcoin staged a strong recovery, climbing from lows near $57,700–$58,000 early in the week to test $64,000 and closing around $63,000–$64,000, up roughly +4% to +6.8% for the week — its best weekly performance since March. • Ethereum significantly outperformed Bitcoin with gains of +12% to +13.5%, rising from around $1,570 to the $1,760–$1,800 zone as altcoin rotation gained traction. • Spot Bitcoin ETFs saw mixed flows: strong inflows of +$221M on July 2 and +$265M on July 6, but outflows returned later in the week (including -$84M+ on July 8), ending the week with net negative pressure. • The broader crypto market cap recovered toward $2.2 trillion+, with improving sentiment as the Fear & Greed Index climbed but remained in the “Fear” zone. • Weak US jobs data (only +57K jobs vs. expectations) boosted rate-cut odds, providing macro tailwinds for risk assets including crypto. • Selective altcoin strength dominated: MemeCore surged over +115% in one weekly report, while Zcash, SKALE, and several mid/small-cap tokens posted double-digit gains. • Bitcoin faced resistance near $64,000–$65,000 multiple times, with profit-taking capping upside despite the strong rebound from June lows. • Retail wallets continued accumulating on dips, while larger “whale” wallets showed more cautious behavior during the recovery. • Strategy (formerly MicroStrategy) shifted to net seller mode, offloading BTC to fund dividends — marking a notable change in corporate treasury dynamics. • Geopolitical tensions (Iran-related headlines) caused brief volatility mid-week, but easing oil prices and risk appetite helped crypto recover. • Ethereum’s relative strength and improving ETF flows (after previous outflows) signaled potential rotation into altcoins as Bitcoin consolidated. • Overall, the week marked a relief bounce after June’s heavy selling pressure, with Bitcoin holding key support above $60K and the market showing signs of stabilization heading into mid-July.

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