- Digital currencies today: Bitcoin, Ethereum, and XRP continue their technical weakness amid rising tensions in the Middle East: Cryptocurrencies continue to fall overall on Wednesday, after rebounding last week. This intense sell-off pushed the price of Bitcoin (BTC) to below $62,000, increasing the risk of a drop toward the next key support level at $60,000. Ethereum (ETH) is trending downward, targeting the demand range at $1,700, while Ripple (XRP) remains under pressure, trading at about $1.08. Crypto selling intensifies as sellers assess the conflict in the Middle East Challenges continue to cast a shadow over the crypto market, with geopolitical tensions in the Middle East escalating. According to the Associated Press, Iran launched attacks on U.S. military bases in the Middle East on Wednesday in response to attacks the United States launched on several sites inside Iran. The United States also reimposed sanctions on Iranian oil sales, saying these developments came in response to Iranian attacks on ships in the Strait of Hormuz. The new attacks have raised fears that war between the United States and Iran could resume. U.S. President Donald Trump has heightened these concerns, saying that the memorandum of understanding that paused the fighting has “expired.” However, Trump added that negotiations would be allowed to continue. Oil prices rose amid the attacks and geopolitical turmoil. West Texas Intermediate (WTI) crude reached $74 on Wednesday, up from $67 the previous day. WTI crude oil price chart As tensions continue in the Middle East, sentiment in the crypto market has deteriorated. The Crypto Fear & Greed Index, at 20—which falls within the extreme fear range—shows a notable decline in appetite for high-risk assets. $BTC ‌ $ETH ‌ $XRP ‌

💥💥💥 $XRP is showing signs of life, climbing back above $1.12 as the broader market stabilizes. The token briefly touched $1.15 on Monday, its highest level in nearly two weeks, with trading volumes picking up across major spot exchanges. But the real catalyst is still the CLARITY Act, Senate Majority Leader Thune has reportedly expressed openness to bringing the bill to a vote, with a floor vote now expected before the August recess. If it passes, XRP would gain clear commodity status, potentially unlocking billions in ETF inflows. Whales continue to stack, controlling 68.5% of supply, while retail remains skeptical. $XRP ‌

$MU Short position hit! 💥 Yield directly surging to +640%! We precisely targeted the top at 1,048.00, and now the price has broken below 908.69. This is what we call the harvesting moment of the 'main downtrend'. While the market still fantasizes about breaking new highs, we have already seen the cracks at the top. The core of trading lies not in frequent operations, but in resolute action at critical moments. Since we chose to fire against the trend at the high, we must have the stability to withstand fluctuations, and even more so the confidence to strike with one shot. This wave of downward momentum is extremely strong. We continue to hold until the trend exhausts. Profits of this level are only left for those who dare to stay calm while others are frenzied. 🚗💨 The next bullet is already chambered.$XRP $ZEC