{"id":212194,"date":"2026-08-12T09:27:34","date_gmt":"2026-08-12T09:27:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=212194"},"modified":"2026-08-12T09:27:34","modified_gmt":"2026-08-12T09:27:34","slug":"ripples-xrp-rebounds-from-sub-1-dip-bitcoin-btc-hit-9-day-low-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=212194","title":{"rendered":"Ripple\u2019s XRP Rebounds From Sub-$1 Dip, Bitcoin (BTC) Hit 9-Day Low: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s price rejection at $65,400 from earlier this week brought another leg down in the past 24 hours as the asset slipped to a 9-day low of $63,200, where it finally found some support.<\/p>\n

Interestingly, most larger-cap alts are slightly in the green on a daily scale now, even Ripple\u2019s XRP, which dipped below $1.00 for the first time in nearly two years yesterday.<\/p>\n

BTC Tried to Recover<\/h2>\n

The primary cryptocurrency\u2019s August low came at the start of the month when it dipped to $62,200 on a couple of occasions, the latest being August 3. It reacted well and surged to $64,000 within a day. It kept climbing in the following days and eventually tapped $65,000 before it was halted there after the CLARITY Act stalled<\/a> in the US Senate.<\/p>\n

The weak US jobs report<\/a> on Friday resulted in a relief rally for BTC, which jumped to $65,400. However, it was stopped there and spent the weekend trading sideways at around $65,000. It tried to break out on Monday, but it was halted at $65,400 again. This time, the correction was more violent as BTC slipped<\/a> to $63,800.<\/p>\n

It rebounded to $64,400 yesterday, but another leg down followed that drove it to its lowest level since last Monday at $63,200. It has recovered some ground since then but still trades below $64,000 as of press time.<\/p>\n

Its market cap has stalled at $1.280 trillion on CG, while its dominance over the alts has dipped to under 57% on CG.<\/p>\n

<\/a>BTCUSD August 12. Source: TradingView<\/p>\n

XRP Dipped Below $1<\/h2>\n

After a few days of gradually increasing selling pressure, Ripple\u2019s XRP finally slipped below $1.00 yesterday for the first time since late 2024. Although it has currently rebounded to $1.02, analysts are still split<\/a> on whether this is a warning of a bigger storm ahead or a hidden accumulation opportunity.<\/p>\n

ETH has neared $1,900, BNB has reclaimed the $610 level, while TRX stands close to $0.34. SOL, DOGE, RAIN, XMR, and LINK are slightly in the green, while HYPE, ADA, and ZEC are in the red.<\/p>\n

Uniswap\u2019s UNI has dropped the most over the past 24 hours, losing more than 10% of value to $3.55. PUMP follows suit with a 7% nosedive.<\/p>\n

The total crypto market cap has remained at essentially the same level as yesterday at $2.250 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview August 12. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Ripple\u2019s XRP Rebounds From Sub-$1 Dip, Bitcoin (BTC) Hit 9-Day Low: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price rejection at $65,400 from earlier this week brought another leg down in the past 24 hours as the asset slipped to a 9-day low of $63,200, where it finally found some support. Interestingly, most larger-cap alts are slightly in the green on a daily scale now, even Ripple\u2019s XRP, which dipped below $1.00 […]<\/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-212194","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/212194"}],"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=212194"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/212194\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=212194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=212194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=212194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}