Bitcoin To $63,000, Ethereum, XRP, Dogecoin Slide Plunge 5%

Bitcoin tapped $63,000 on Tuesday morning amid persistent macro risk-off sentiment and no clear crypto-specific catalyst.

Bitcoin ETFs saw $203.8 million in net outflows on Monday, while Ethereum ETFs reported $49.5 million in net outflows.

The meme coin sector declined roughly 4% to a $32.7 billion market capitalization.

Trader Commentary: Crypto trader Jelle said Bitcoin’s trend remains bearish, with $60,000 likely to be tested. A reclaim of that level could trigger a relief rally, but until then, downside pressure is expected to persist.

Trader Dami-Defi noted that after holding for nearly a year, Bitcoin has decisively lost its $70,000–$71,000 weekly support zone.

With structure now shifted bearish, he sees $60,000 and $53,000 as the next downside targets.

A weekly close back above $70,800 would be required to invalidate the breakdown and reopen the path toward the mid-$70,000 to $80,000 range.

Ethereum has dropped toward $1,800 with limited buying support so far, according to Ted Pillows, raising the risk of a sweep of this month’s lows before any meaningful bounce.

Crypto Bully highlighted that Solana continues to face rejection near $90.

With Bitcoin looking weak, he warned that the $76 swing low could fail, opening the door to a move toward the $67 monthly low.

He added that he sees no reason to enter until either a clear liquidation wick forms or a strong impulse breaks the broader downtrend.

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