Bitcoin’s price rejection at $65,400 from earlier this week brought another leg down in the past 24 hours as the asset slipped to a 9-day low of $63,200, where it finally found some support.Interestingly, most larger-cap alts are slightly in the green on a daily scale now, even Ripple’s XRP, which dipped below $1.00 for the first time in nearly two years yesterday.BTC Tried to RecoverThe primary cryptocurrency’s August low came at the start of the month when it dipped to $62,200 on a couple of occasions, the latest being August 3. It reacted well and surged to $64,000 within a day. It kept climbing in the following days and eventually tapped $65,000 before it was halted there after the CLARITY Act stalled in the US Senate.The weak US jobs report on Friday resulted in a relief rally for BTC, which jumped to $65,400. However, it was stopped there and spent the weekend trading sideways at around $65,000. It tried to break out on Monday, but it was halted at $65,400 again. This time, the correction was more violent as BTC slipped to $63,800.It rebounded to $64,400 yesterday, but another leg down followed that drove it to its lowest level since last Monday at $63,200. It has recovered some ground since then but still trades below $64,000 as of press time.Its market cap has stalled at $1.280 trillion on CG, while its dominance over the alts has dipped to under 57% on CG.BTCUSD August 12. Source: TradingViewXRP Dipped Below $1After a few days of gradually increasing selling pressure, Ripple’s XRP finally slipped below $1.00 yesterday for the first time since late 2024. Although it has currently rebounded to $1.02, analysts are still split on whether this is a warning of a bigger storm ahead or a hidden accumulation opportunity.ETH has neared $1,900, BNB has reclaimed the $610 level, while TRX stands close to $0.34. SOL, DOGE, RAIN, XMR, and LINK are slightly in the green, while HYPE, ADA, and ZEC are in the red.Uniswap’s UNI has dropped the most over the past 24 hours, losing more than 10% of value to $3.55. PUMP follows suit with a 7% nosedive.The total crypto market cap has remained at essentially the same level as yesterday at $2.250 trillion on CG.Cryptocurrency Market Overview August 12. Source: QuantifyCrypto The post Ripple’s XRP Rebounds From Sub-$1 Dip, Bitcoin (BTC) Hit 9-Day Low: Market Watch appeared first on CryptoPotato.