DWF Labs (@DWFLabs): Market recap for the past week:
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
Market recap for the past week: 1) BTC ETFs closed July at +$173M in cumulative flows, ETH ETFs closed July at +$347M. Reversing back-to-back losing months in May and June. 2) FOMC held for a fifth straight meeting at 3.50%-3.75%, but the vote flipped from unanimous in June to 9-3, with three dissents pushing for a hike. Polymarket puts September hike odds at 59%, up from 31% a month ago. 3) BOJ held at 1.0% on an 8-1 vote and signaled a September hike is likely. 4) Japan intervened to defend the yen, buying back an estimated $59B on July 30. The US Treasury joined Friday funded by selling euros, its first direct yen support since 2011. 5) Crypto underperformed equities this week. S&P 500 +0.73%, Nasdaq +1.80%, while BTC fell 2.78% to $63,556 and ETH fell 3.57% to $1,884.60. 6) BTC volatility sits near 52-week lows and VIX back down to 15.8 even as bond-market volatility (MOVE index) jumped 7.7%.