{"id":45517,"date":"2026-07-16T10:16:32","date_gmt":"2026-07-16T10:16:32","guid":{"rendered":"https:\/\/financialrush.com\/?p=45517"},"modified":"2026-07-16T10:16:32","modified_gmt":"2026-07-16T10:16:32","slug":"bitcoin-slips-down-to-64k-ethereum-pulls-back-from-six-week-peak-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=45517","title":{"rendered":"Bitcoin Slips Down to $64K, Ethereum Pulls Back From Six-Week Peak: Market Watch"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tONDO has emerged as today&#8217;s top performer, while Pi Network&#8217;s PI has plunged yet again. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>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<p>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<h2 id=\"btc-back-to-64k\">BTC Back to $64K<\/h2>\n<p>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<p>On Monday, though, bitcoin slipped once again as the markets priced in the new strikes between the US and Iran <a href=\"https:\/\/cryptopotato.com\/trumps-new-iran-strategy-revealed-will-bitcoin-pay-the-price-again\/\">initiated<\/a> during the weekend. The cryptocurrency dipped below $62,000 by Tuesday morning but then <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-rockets-as-us-cpi-for-june-comes-in-well-below-expectations\/\">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<p>Bitcoin first reclaimed the $64,000 level before it did the same to $65,000 and <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-finally-rebounds-as-bitcoin-btc-eyes-65k-market-watch\/\">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<p>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<figure id=\"attachment_1442860\" aria-describedby=\"caption-attachment-1442860\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/BTCUSD-July-16.png\"><\/a><figcaption id=\"caption-attachment-1442860\" class=\"wp-caption-text\">BTCUSD July 16. Source: TradingView<\/figcaption><\/figure>\n<h2 id=\"eth-pulls-back\">ETH Pulls Back<\/h2>\n<p>Ethereum stole the show from the larger-cap alts today, <a href=\"https:\/\/cryptopotato.com\/ethereum-tops-1900-in-a-six-week-high-where-to-next-for-eth\/\">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<p>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<p>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<figure id=\"attachment_1442862\" aria-describedby=\"caption-attachment-1442862\" style=\"width: 1882px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-16-125808.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1442862 size-full\" src=\"https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=9999\" alt=\"Cryptocurrency Market Overview July 16. Source: QuantifyCrypto\" width=\"1882\" height=\"802\" srcset=\"https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1882 1882w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=300,h=128 300w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1024,h=436 1024w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=768,h=327 768w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1536,h=655 1536w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=90,h=38 90w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=150,h=64 150w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1600,h=682 1600w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1400,h=597 1400w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1200,h=511 1200w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=1000,h=426 1000w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=900,h=384 900w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=800,h=341 800w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=700,h=298 700w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=600,h=256 600w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=500,h=213 500w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=400,h=170 400w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=200,h=85 200w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/e1b950e6-4bf6-4b02-6dea-af9b1db45700\/w=100,h=43 100w\" sizes=\"(max-width: 1882px) 100vw, 1882px\"\/><\/a><figcaption id=\"caption-attachment-1442862\" class=\"wp-caption-text\">Cryptocurrency Market Overview July 16. Source: QuantifyCrypto<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<div class=\"code-block code-block-9\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_click', {'page_path': window.location.pathname, 'exchange': 'bybit', 'link_type': 'main'}); }\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<p><span style=\"font-style: italic; color: #808080;\"><span style=\"font-size: small;\">Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 -->\n\t\t\t\t\t\t\t<\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/bitcoin-slips-down-to-64k-ethereum-pulls-back-from-six-week-peak-market-watch\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; ONDO has emerged as today&#8217;s top performer, while Pi Network&#8217;s PI has plunged yet again. Bitcoin\u2019s price&hellip;\n","protected":false},"author":2,"featured_media":7021,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-45517","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45517"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/7021"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}