XRP Dumps to 21-Month Low as BTC Price Falls to $64K: Market Watch

Bitcoin’s price adventure above $65,000 came to a halt yesterday evening as the asset was rejected and driven south by approximately $1,500 to under $64,000.

Several larger-cap altcoins have followed suit, including ETH, which has dropped below $1,900, and XRP, which is just inches away from slipping below $1.00 for the first time since November 2024.

BTC Halted at $65K The primary cryptocurrency slumped at the beginning of the previous week as well, going from $63,800 to a monthly low of $62,200 within hours before it finally found some support. It erased the losses immediately and even jumped past $64,000 a day later.

Its gradual ascent continued for a few days to $65,000 before the CLARITY Act’s latest setback in the US Senate sent it south toward $64,000. However, that support held, and the weaker US jobs data on Friday resulted in another leg up to $65,400.