Ripple’s XRP Rebounds From Sub-$1 Dip, Bitcoin (BTC) Hit 9-Day Low: Market Watch

Bitcoin’s price rejection at $65,400 from earlier this week brought another leg down in the past 24 hours as the asset slipped to a 9-day low of $63,200, where it finally found some support.

Interestingly, most larger-cap alts are slightly in the green on a daily scale now, even Ripple’s XRP, which dipped below $1.00 for the first time in nearly two years yesterday.

BTC Tried to Recover The primary cryptocurrency’s August low came at the start of the month when it dipped to $62,200 on a couple of occasions, the latest being August 3. It reacted well and surged to $64,000 within a day.

It kept climbing in the following days and eventually tapped $65,000 before it was halted there after the CLARITY Act stalled in the US Senate. The weak US jobs report on Friday resulted in a relief rally for BTC, which jumped to $65,400.