{"id":3798,"date":"2026-06-11T00:20:03","date_gmt":"2026-06-11T00:20:03","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3798"},"modified":"2026-06-11T00:20:03","modified_gmt":"2026-06-11T00:20:03","slug":"xrp-ada-and-sol-extend-losses-as-bitcoin-slides-to-61000","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/11\/xrp-ada-and-sol-extend-losses-as-bitcoin-slides-to-61000\/","title":{"rendered":"XRP, ADA, and SOL Extend Losses as Bitcoin Slides to $61,000"},"content":{"rendered":"\n
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SIREN has emerged as one of the market\u2019s biggest losers, plunging more than 35% over the past 24 hours as a fresh wave of selling pressure swept across the cryptocurrency sector.<\/p>\n\n\n\n

Bitcoin came under renewed pressure after failing to hold above the $64,000 level. The leading cryptocurrency fell sharply over the past 12 hours, dropping to just below $61,000. Growing geopolitical tensions in the Middle East appear to have contributed to the decline, sparking a broader risk off sentiment across financial markets.<\/p>\n\n\n\n

Bitcoin Faces Another Setback<\/strong><\/p>\n\n\n\n

The previous trading week was marked by heightened volatility and steep losses for Bitcoin. The asset began the week trading around $73,000 before steadily surrendering major support levels. The selloff intensified on Friday.<\/p>\n\n\n\n

After falling below $70,000, then $65,000 and $62,000, Bitcoin approached the $60,000 mark for the first time since early February. Unlike previous corrections, however, sellers maintained firm control and pushed the cryptocurrency beneath that threshold, sending it to a 19 month low of $59,100.<\/p>\n\n\n\n

Despite the sharp decline, Bitcoin managed to stage a quick recovery. It reclaimed the $60,000 level by the end of the day and climbed back toward $61,000 and $62,000 over the weekend. At the start of the current trading week, BTC tested the $64,000 level twice.<\/p>\n\n\n\n

Momentum shifted again after reports surfaced that Iran had downed a United States helicopter, prompting comments from the US president indicating that a response was necessary.<\/p>\n\n\n\n

The escalating geopolitical uncertainty triggered immediate selling across both cryptocurrency markets and Wall Street. Bitcoin quickly retreated to just under $61,000 and is now struggling to regain that level. Its market capitalization has declined to approximately $1.225 trillion, while its dominance over the altcoin market has slipped to 56 percent.<\/p>\n\n\n\n

Altcoins Continue to Bleed<\/strong><\/p>\n\n\n\n

The broader altcoin market has suffered even steeper losses.<\/p>\n\n\n\n

Ethereum has fallen more than 3 percent and is trading near $1,600. BNB has declined by a similar margin to around $585, while Dogecoin has dropped to $0.084.<\/p>\n\n\n\n

XRP has shed more than 5 percent and is once again testing a critical support zone. Solana has slipped well below $65, while Cardano continues its downward trend toward $0.16.<\/p>\n\n\n\n

HYPE and ZEC posted some of the largest declines over the past day, both recording double digit losses. HYPE is now changing hands at around $56, while ZEC has fallen to $425.<\/p>\n\n\n\n

Several smaller cryptocurrencies experienced even deeper corrections. SIREN plunged 37 percent, LAB declined 16 percent, and DEXE dropped 15 percent.<\/p>\n\n\n\n

Not all assets ended the day in the red. BEAT emerged as one of the strongest performers with a 28 percent gain. WBT followed with a 13 percent increase, while STABLE advanced by 12 percent.<\/p>\n\n\n\n

As a result of the widespread selloff, the total cryptocurrency market capitalization has lost more than $60 billion in just 24 hours and now stands below $2.2 trillion, according to CoinGecko.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

SIREN has emerged as one of the market\u2019s biggest losers, plunging more than 35% over the past 24 hours as a fresh wave of selling pressure...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3798","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3798"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3798\/revisions"}],"predecessor-version":[{"id":3800,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3798\/revisions\/3800"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}