Bitcoin slips to $64K, Ethereum below $1,900 amid crypto market volatility

Bitcoin slipped below the $64,000 mark and

fell below $1,900 on Tuesday as crypto markets came under renewed pressure amid macroeconomic uncertainty and leveraged positioning, triggering another bout of volatility. Bitcoin was trading at $63,906, while Ethereum stood at $1,871.

In the past 24 hours, Bitcoin was down 1.64% and Ethereum was down 2.33%. Among the major altcoins, BNB, XRP, Solana, and Cardano fell upto 3.30% and Tron, Hyperliquid, and Dogecoin rallied upto 2.15%.

Riya Sehgal, Research Analyst, Delta Exchange said Bitcoin was rejected from the $65,000–$65,500 region and slipped back toward $64,000, while Ether underperformed below $1,900 and long liquidations have amplified the move, although institutional demand through spot ETFs remains comparatively supportive.

Technically, Bitcoin needs to hold the $63,600–$63,800 area, while Ether has immediate support near $1,860, Sehgal further said.

The global

capitalisation edged down 1.24% to $2.19 trillion, according to CoinMarketCap.

Vikram Subburaj, CEO, Giottus said that the trading volume reached $22.3 billion. The retreat followed another unsuccessful attempt to hold above $65,000, with the price turning lower after touching $65,300 on August 10.