Bitcoin fell to $65,420.59, representing a 4.8% decline in 24 hours and 13.6% over the past week, according to CoinGecko data. Ethereum dropped 5.7% to $1,826, down 18.2% for the week, while XRP fell 6.1% to $0.9573, dropping below the $1 level. Solana experienced the steepest decline among major coins, sliding 8.6% to $72.66.
The selloff pushed Bitcoin through multiple technical levels that traders had identified as potential support zones. The cryptocurrency fell below the $66,000 to $67,000 range that analysts had marked as a rebound target, eventually trading about $1,500 below the lower end of that zone.
Technical Breakdown
Bitcoin's decline erased several key chart levels from play. The $75,500 level shifted from serving as support to resistance. The price also dropped below a trend line drawn from a major high in June 2026 that had marked the breakout point of an earlier inverse head-and-shoulders pattern. Additionally, Bitcoin fell deeper below the 0.618 Fibonacci retracement of its full rally, a level traders frequently monitor for potential bounces.
Ethereum Slides Below Buy Zone
Ether slipped below the trend line it had previously broken above, trading in an area where buyers had been anticipated to provide support. The token's market value fell to approximately $223 billion.
XRP Breaks Support
XRP dropped below $1 after an earlier rebound to $1.02 failed to hold. The token now sits below its August low of approximately 98.5 cents. On the four-hour chart, the relative strength index showed rising levels even as price declined, potentially indicating fading selling pressure, though no lasting bounce has materialized yet.
Altcoin Losses Exceed Bitcoin
Large altcoins experienced sharper declines than Bitcoin over the seven-day period. BNB fell 6.3% in 24 hours and 13.9% over the week to $586.22. Solana declined 8.6% in 24 hours and 18.0% over the week to $72.66.
