SwapSpace Weekly Recap: Macroeconomic shifts, global blockchain events, and Ethereum moves

The cryptocurrency market had an eventful week from August 4 to August 10, 2025, marked by macroeconomic shifts, major blockchain conferences, and steady price movements in Bitcoin and Ethereum amid growing institutional interest. Read Swapspace's weekly recap to learn more.

Last week's highlights

• Global crypto events spark innovation and engagement

From August 4 to 10, important conferences like the Science of Blockchain in Berkeley, Rare Evo in Las Vegas, and Baltic Honeybadger in Latvia united industry leaders, blending Web3, traditional finance, and decentralized innovation. These gatherings showcased emerging technologies and reinforced community ties.

• Macroeconomic factors create market pressure

The week saw significant influence from economic data and central bank decisions, including U.S. durable goods orders, ISM indices, EU retail sales, and speculation over the Bank of England’s rate cut. These factors created heightened volatility and investor caution across global markets, impacting crypto sentiment and prices.

• Bitcoin holds near record levels with strong fundamentals

Bitcoin traded around $115,000 after briefly testing support near $112,000. Despite a dip fueled by a lack of near-term Fed rate cut signals, buyer interest remained strong, especially with whales accumulating over 30,000 BTC recently. The net outflow from Bitcoin ETFs, though a monthly high, was met by underlying demand signaling resilience.

• Ethereum approaches $4,200, signaling growth potential

Ethereum hovered near $4,200, bolstered by steady institutional interest and ecosystem advances. Price forecasts for August range between $4,210 and $5,065, highlighting market confidence in Ethereum’s continued expansion.

• Major token unlocks increase market volatility

Significant insider token unlocks occurred, notably $SUI with nearly $190M released. This influx, alongside others like $ENA and $MAVIA, contributed to price softness and cautious trading sentiment due to increased circulating supply.

Last week’s stats

Top gainers

• Aerodrome Finance (AERO) – 56.84%
• Mantle (MNT) – 48.69%
• Lido DAO (LDO) – 46.60%

Top losers

• Monero (XMR) – 7.58%
• Toncoin (TON) – 6.42%
• Conflux (CFX) – 2.08%

Key pairs

• BTC/USD: $122.004
• ETH/USD: $4.329
• BTC/ETH: 28.21

What to watch this week?

• Ethereum NYC and other blockchain events

From August 11 to 17, Ethereum NYC and events such as Pragma New York and ETHGlobal New York will spotlight new innovations and partnerships potentially influencing crypto market directions.

• Bitcoin’s potential rally toward $140,000

Analysts expect Bitcoin to target $140,000 later this month, driven by rising on-chain activity and institutional inflows. However, macroeconomic uncertainties and geopolitical risks remain critical to watch.

• Altcoins and DeFi poised for breakout opportunities

Tokens like Solana, Uniswap, and Aptos, alongside decentralized finance protocols, may see increased momentum this month, offering potential diversification for investors focusing beyond Bitcoin and Ethereum.

Last week’s mix of macroeconomic influences, robust fundamentals in major coins, and prominent crypto events paves the way for a potentially volatile but opportunity-rich week. You can purchase Bitcoin, Ethereum, and other cryptocurrencies mentioned here on SwapSpace. To track your profits and get detailed analytical information, be sure to use the SwapSpace Profit Calculator.