
Bitcoin near $65K as ETFs post strongest inflows week
- Bitcoin (CRYPTO:BTC) was trading near US$65,016 on 10 August 2026, consolidating in the mid-US$65,000 range following a week in which US spot Bitcoin ETFs recorded net inflows of US$854 million — the strongest weekly inflow figure since April 2026.
- The US$854 million ETF inflow week was led by BlackRock's IBIT and extends a five-consecutive-week positive inflow streak, reinforcing the view that large-scale institutional allocators remain net buyers of Bitcoin (CRYPTO:BTC) despite near-term market volatility.
- The BIP-110 minority fork attempt briefly split from the Bitcoin (CRYPTO:BTC) main chain before rapidly losing momentum, drawing attention not for its market impact — which was negligible — but for demonstrating the broader community's limited appetite for unilateral protocol changes outside established governance channels.
Mining company MARA's decision to pledge a significant Bitcoin (CRYPTO:BTC) position as loan collateral rather than selling outright is being noted as a signal of how large miners are managing balance sheets without adding to market sell pressure.
Continued security concerns related to Coldcard, a widely used Bitcoin hardware wallet, remained a source of background uncertainty in the market alongside the fork episode.
Key technical levels for Bitcoin (CRYPTO:BTC) include immediate resistance at US$66,000 to US$67,000, a more significant resistance threshold at US$69,000 representing the short-term holder cost basis, immediate support at US$64,000, and key support at US$62,500.
With no major US legislative deadline scheduled this week, market attention is expected to shift to Wednesday's July Consumer Price Index report as the next macro catalyst likely to influence Federal Reserve rate expectations.
Sustained ETF inflows at the current pace would support Bitcoin's (CRYPTO:BTC) ability to hold above US$64,000, whilst renewed Coldcard-related selling pressure or a broader risk-off shift triggered by a hotter-than-expected CPI reading could test the key support zone.
At the time of reporting, Bitcoin price was $65,001.97.


