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XRP, ether lead crypto losses as traders eye $70,000 bitcoin next

CryptoInfo Editorial Team  ·  Published on August 11, 2026 at 04:50  ·  Updated on August 11, 2026  ·  1 min read

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Key Takeaways

  • XRP and ether are leading losses in the crypto market
  • Bitcoin failed to hold $65,000 for a fourth day
  • Traders are eyeing the $70,000 mark for bitcoin next
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

XRP and ether are leading losses in the crypto market as traders look to $70,000 bitcoin next. According to reporting from CoinDesk, bitcoin failed to hold $65,000 for a fourth day.

This development comes as an oil rally has revived inflation worries ahead of Wednesday's U.S. price data. As a result, bitcoin has struggled to maintain the $65,000 level.

Traders are now eyeing the $70,000 mark for bitcoin, despite current market challenges. The crypto market is closely watching the situation, with XRP and ether experiencing significant losses.

Source: CoinDesk ↗