Crypto News: Bitcoin, Ethereum And XRP Hit Make-Or-Break Levels After Brutal Sell-Off - Coinpedia
Bitcoin fell to $65,420.59, down 4.8% in 24 hours and 13.6% over the past week, with Ether and XRP also dropping significantly after key support levels gave way.
Bitcoin fell to $65,420.59, down 4.8% in 24 hours and 13.6% over the past week, according to CoinGecko data. Ether and XRP fell further, with Ether dropping 5.7% to $1,826 and down 18.2% for the week, while XRP fell 6.1% to $0.9573, putting the token back below $1. Solana took the biggest hit among the top coins, sliding 8.6% to $72.66.
Bitcoin Slices Through Key Levels
Gareth Soloway, chief market strategist at Verified Investing, had warned that a break below $75,500 would open a path to $66,000 to $67,000. Bitcoin first stalled near $67,500 but has since broken through the whole zone and now trades about $1,500 below its lower end.
The selling has pushed several chart levels out of play. The $75,500 resistance level has turned from support into resistance. Bitcoin has also dropped below a trend line drawn from a major high in June 2026, which was the breakout point of an earlier inverse head-and-shoulders pattern. The price has fallen deeper below the 0.618 retracement of its full rally, a level traders often watch for a bounce.
Bull Case Under Pressure
Soloway said he started buying small amounts of Bitcoin near $67,000, along with some Solana. He argued that a recent higher high on the chart pointed to a short-term bottom, suggesting the drop would be a pullback within a larger recovery rather than a new downtrend.
That view has a clear line in the sand. If Bitcoin sets a lower low below its previous cycle low, the higher-low structure fails, and that would signal the cycle bottom has not formed.
Ethereum and XRP Break Down
Ether has slipped below the trend line it broke above earlier and now trades under the area where buyers had been expected to step in. Soloway said he went long Ether at an average price of $1,952, roughly a quarter of a full position, and planned to add near $1,850. At $1,826, the price is now below both levels, with Ether's market value falling to about $223 billion.
XRP first slipped below $1 earlier in the week, then bounced to $1.02, but that rebound has now faded. At $0.9573, the token sits below its August low of about 98.5 cents and is down 16.9% for the week. The next major support is $0.90, about 6% below the current price, while buyers need to win back $1.037 to $1.05 to regain short-term control.
Altcoins Bleed Harder
The selling has hit large altcoins harder than Bitcoin over the past week. BNB fell 6.3% in 24 hours and 13.9% over seven days to $586.22, while Solana dropped 8.6% in 24 hours and 18.0% over seven days to $72.66. The broader market weakness suggests investors are rotating out of riskier assets amid the ongoing volatility.
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