{"id":4505,"date":"2026-07-07T21:23:20","date_gmt":"2026-07-07T21:23:20","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=4505"},"modified":"2026-07-07T21:23:20","modified_gmt":"2026-07-07T21:23:20","slug":"xrp-slides-further-from-key-support-as-bitcoin-erases-strategy-driven-losses","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/07\/07\/xrp-slides-further-from-key-support-as-bitcoin-erases-strategy-driven-losses\/","title":{"rendered":"XRP Slides Further From Key Support as Bitcoin Erases Strategy Driven Losses"},"content":{"rendered":"\n
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Bitcoin experienced sharp price swings over the past 24 hours after Strategy revealed another major Bitcoin sale. Although the announcement briefly triggered a market selloff, the leading cryptocurrency recovered nearly all of its losses by the end of the day.<\/p>\n\n\n\n

Meanwhile, most large cap altcoins traded with little momentum. XRP extended its decline after failing to reclaim the $1.15 level, while Dogecoin, Cardano, and Stellar also posted notable losses.<\/p>\n\n\n\n

Bitcoin Quickly Bounces Back<\/strong><\/p>\n\n\n\n

Bitcoin fell below $58,000 on July 1 for the first time in nearly two years before staging an impressive recovery. The asset reclaimed the $60,000 level and continued climbing over the following days, maintaining its upward momentum through the weekend.<\/p>\n\n\n\n

The rally pushed BTC above $63,500 on Sunday before sellers emerged, dragging the price back below $63,000. Buyers returned on Monday, lifting Bitcoin to around $64,000, its highest level in roughly two weeks.<\/p>\n\n\n\n

The rally was briefly interrupted after Strategy announced the sale of more than 3,500 BTC. The news sparked an immediate decline that sent Bitcoin to approximately $61,200 as negative market sentiment spread.<\/p>\n\n\n\n

However, the weakness proved short lived. Bitcoin quickly reversed course, surging beyond $64,500 later in the day to establish another local high.<\/p>\n\n\n\n

The cryptocurrency has since settled near $63,000, roughly where it traded before Strategy\u2019s announcement. Its market capitalization remains above $1.26 trillion, while its share of the total cryptocurrency market stands at 56.6 percent.<\/p>\n\n\n\n

XRP, DOGE, and ADA Lead Altcoin Declines<\/strong><\/p>\n\n\n\n

Most major altcoins managed to hold relatively steady despite the market volatility. Ethereum continues to trade within the $1,750 to $1,800 range, while BNB remains below $580.<\/p>\n\n\n\n

XRP slipped another 1.3 percent to around $1.1275, moving further away from the important $1.15 support level after failing to break above it.<\/p>\n\n\n\n

Dogecoin and Cardano also recorded losses of between 2 and 3 percent, while Stellar posted one of the steepest declines among the larger cryptocurrencies, dropping more than 5 percent on the day.<\/p>\n\n\n\n

On the positive side, Solana, Hyperliquid, Rain, and Zcash registered modest gains. Other tokens including WLFI, Aave, Morpho, and DeXe outperformed the broader market with advances of as much as 8 percent.<\/p>\n\n\n\n

The total cryptocurrency market capitalization remains largely unchanged, hovering around $2.24 trillion.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin experienced sharp price swings over the past 24 hours after Strategy revealed another major Bitcoin sale. Although the announcement briefly triggered a market selloff, the...<\/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-4505","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4505","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=4505"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4505\/revisions"}],"predecessor-version":[{"id":4507,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4505\/revisions\/4507"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=4505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=4505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=4505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}