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Crypto

German investment firm CEO says XRP could fall below $1 if bitcoin weakness continues

XRP could fall below the psychological support level of $1 if bitcoin weakness persists, according to Oliver Michel (올리버 미셸), CEO of German investment firm Tokenus Investment. He said XRP rebounded from $1.02 on July 1 to $1.18 before slipping back to around $1.07. Michel flagged $1.29 as a key resistance level if bitcoin stabilises, but said a further bitcoin drop could push XRP toward $0.91 to $0.93.

Crypto

Bitcoin retests $60,000 support as oil, Japan jitters and Strategy sales risk weigh

Bitcoin is sliding back toward the key $60,000 support level, facing mounting short-term downside pressure as risk sentiment weakens. Markets are citing a jump in oil prices, global rate worries and renewed concerns over possible additional bitcoin sales by Strategy. Brent has risen to $74 a barrel from $68, while Japan’s 10-year government bond yield has climbed to its highest in about 30 years. Regulatory signals have also remained unsupportive.

Crypto

Bitcoin, ether extend losses as Ethereum confirms weekly death cross

Bitcoin remains stuck near $62,000 after failing to break the $64,000 to $65,000 resistance zone. Technical indicators show weakness, with ADX at 30.7 and RSI at 36.8. Ethereum trades around $1,730, down about 1.8 percent over 24 hours, and confirmed a weekly death cross as its 50-week EMA fell below the 200-week EMA. Market sentiment deteriorated, while spot ETF flows showed some inflow after a prolonged outflow streak.