{"id":177999,"date":"2026-06-10T09:06:41","date_gmt":"2026-06-10T09:06:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=177999"},"modified":"2026-06-10T09:06:41","modified_gmt":"2026-06-10T09:06:41","slug":"xrp-ada-sol-crash-again-as-btc-price-slumps-to-61k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=177999","title":{"rendered":"XRP, ADA, SOL Crash Again as BTC Price Slumps to $61K: Market Watch"},"content":{"rendered":"

Perhaps driven by the escalating tension in the Middle East, bitcoin\u2019s price was rejected at $64,000 and tumbled to just under $61,000 in the past 12 hours or so.<\/p>\n

The altcoins have taken an even bigger beating, with XRP, SOL, and ADA dumping by over 5%. ZEC and HYPE have marked even more profound declines.<\/p>\n

BTC Drops Again<\/h2>\n

The previous business week brought some intense volatility and painful declines for the primary cryptocurrency. BTC entered it at $73,000 but quickly began losing key support levels, and the culmination took place on Friday.<\/p>\n

After dumping below $70,000, $65,000, and $62,000, the cryptocurrency knocked on the $60,000 door<\/a> for the first time since early February. However, unlike that crash, the bears were more persistent this time and pushed the asset below that level to mark a 19-month low at $59,100.<\/p>\n

Nevertheless, bitcoin managed to rebound swiftly and reclaimed that level by the end of the day. It jumped to $61,000 and $62,000 over the weekend and spiked<\/a> to $64,000 twice at the start of the current business week. However, reports emerged that Iran had taken down a US helicopter, and the latter\u2019s president said they had to respond.<\/p>\n

This growing geopolitical tension resulted in immediate price declines in the crypto markets (also on Wall Street), and BTC quickly dumped to just under $61,000. It now fights to reclaim that level, as its market cap has slipped to $1.225 trillion, and its dominance over the alts is down to 56%.<\/p>\n

<\/a>BTCUSD June 10. Source TradingView<\/p>\n

Alts Bleed Again<\/h2>\n

Most altcoins have followed suit on the way down. Ethereum has dropped by over 3% toward $1,600, BNB has dumped to $585 after a similar decline, while DOGE is down to $0.084. XRP has dropped by over 5%, and it tests a key support level again. SOL is well below $65, while ADA keeps dropping to $0.16.<\/p>\n

HYPE and ZEC have lost the most value over the past 24 hours, dumping by double digits. Consequently, the former trades at $56, while the latter is down to $425. Even more painful declines are evident from SIREN (-37%), LAB (-16%), and DEXE (-15%).\u00a0In contrast, BEAT has risen by 28%, followed by WBT (13%) and STABLE (12%).<\/p>\n

The total crypto market cap has erased over $60 billion in a day and is below $2.2 trillion on CG now.<\/p>\n

<\/a>Cryptocurrency Market Overview June 10. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post XRP, ADA, SOL Crash Again as BTC Price Slumps to $61K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Perhaps driven by the escalating tension in the Middle East, bitcoin\u2019s price was rejected at $64,000 and tumbled to just under $61,000 in the past 12 hours or so. The altcoins have taken an even bigger beating, with XRP, SOL, and ADA dumping by over 5%. ZEC and HYPE have marked even more profound declines. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-177999","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/177999"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=177999"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/177999\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=177999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=177999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=177999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}