{"id":199140,"date":"2026-07-16T10:00:41","date_gmt":"2026-07-16T10:00:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=199140"},"modified":"2026-07-16T10:00:41","modified_gmt":"2026-07-16T10:00:41","slug":"bitcoin-slips-down-to-64k-ethereum-pulls-back-from-six-week-peak-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=199140","title":{"rendered":"Bitcoin Slips Down to $64K, Ethereum Pulls Back From Six-Week Peak: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s price rose to a multi-week high of its own yesterday when it briefly exceeded $65,500 on the heels of the lower-than-expected US CPI data. However, it was stopped there and now sits a grand and a half lower.<\/p>\n

ETH rode the wave even harder, jumping to roughly $1,950 for the first time since early June before it was halted and pushed south to under $1,900.<\/p>\n

BTC Back to $64K<\/h2>\n

The primary cryptocurrency had a relatively quiet and positive weekend in which it stood mostly at around $64,000. This came after a volatile business week in which it plunged a couple of times from that high to under $62,000 after Strategy announced its latest BTC sale and the tension in the Middle East escalated once again with new attacks.<\/p>\n

On Monday, though, bitcoin slipped once again as the markets priced in the new strikes between the US and Iran initiated<\/a> during the weekend. The cryptocurrency dipped below $62,000 by Tuesday morning but then rocketed<\/a> by several grand in a day or so after the US CPI data for June was a lot lower than expected.<\/p>\n

Bitcoin first reclaimed the $64,000 level before it did the same to $65,000 and peaked<\/a> at $65,600. After tapping this three-week high, though, it retreated by $1,500 and now sits at around $64,000 again.<\/p>\n

Its market cap is down to $1.285 trillion on CG, while its dominance over the alts remains at the same level at 56.7%.<\/p>\n

<\/a>BTCUSD July 16. Source: TradingView<\/p>\n

ETH Pulls Back<\/h2>\n

Ethereum stole the show from the larger-cap alts today, jumping<\/a> to almost $1,950 for the first time in six weeks. However, it was stopped there and now sits below $1,900. BNB is close to $580 after a minor increase, while XRP is fighting for $1.10 after a minor daily decline.<\/p>\n

SOL, TRX, HYPE, RAIN, ZEC, CC, LTC, and ADA are all in the red today, while BCH and DEXE have dumped the most from the larger caps. ONDO, in contrast, has rocketed by 17% to $0.37.<\/p>\n

The total crypto market cap has declined by $40 billion in a day from its peak and is down to $2.270 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview July 16. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Bitcoin Slips Down to $64K, Ethereum Pulls Back From Six-Week Peak: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price rose to a multi-week high of its own yesterday when it briefly exceeded $65,500 on the heels of the lower-than-expected US CPI data. However, it was stopped there and now sits a grand and a half lower. ETH rode the wave even harder, jumping to roughly $1,950 for the first time since early […]<\/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-199140","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/199140"}],"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=199140"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/199140\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=199140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=199140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=199140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}