This week started for Crypto with a red candle. The whole market shrank by nearly 1% in a day, now at $2.16 trillion.
A hardware wallet called Coldcard got hit again. This is the fourth wave of attacks, and hackers walked away with about 389 BTC. That kind of news makes people nervous about holding their own keys.
Bitcoin dragged everything down with it. Big holders are selling, and that scared off the usual buyers. Nobody wants to catch a falling knife.
The funny thing is, crypto is moving exactly like gold right now, 63% the same. When things get shaky, money flows into assets that feel safe. So here’s the real question for today: Will buyers step in and stop this slide, or are we about to go lower? The next few hours will tell us.
What you'll learn 👉
Solana Price Struggles Below $73 Despite Strong Network Growth
The SOL price is trading at $72.59, down 1.28% today. We had a look at the chart and found the price reached a high of $72.99 and a low of $72.41 during this session.
SOL is stuck. It tried to get back above $73 and couldn’t. Buyers just don’t have the firepower right now.
Look at the RSI, it’s at 44. That’s below the halfway mark, so sellers have a slight edge. Not a huge one, but enough. The Stochastic bounced up a bit and now at 55. That’s neutral. No one’s in control there.
Then you’ve got the Ultimate Oscillator at 43. That tells you buying interest is weak. And the MACD? Still negative at -0.24. The bears haven’t gone anywhere.
| Indicator Metric | Reading | Interpretation |
|---|---|---|
| RSI (14) | 44.37 | Sellers have a slight edge |
| STOCH (9,6) | 55.61 | Neutral momentum |
| Ultimate Oscillator | 43.20 | Weak buying pressure |
| MACD | -0.24 | Bearish momentum remains |
Key Factors Pushing the SOL Price Presently
MoneyGram has expanded its involvement with Solana by deploying its own validator node and staking SOL. The move takes the company beyond being an application partner and into helping secure the network, strengthening institutional confidence in Solana’s infrastructure.
Network activity also remains strong. Solana processed nearly one billion real user transactions in a single week, averaging 150 million transactions per day, and Morgan Stanley introduced a spot Solana ETF with a 0.14% management fee and staking rewards.
Also, Solana investment products recorded $17 million in weekly outflows, showing that institutional demand remains selective despite healthy on-chain activity.
Solana Price Prediction for Today
Bullish Prediction:
The SOL price needs to reclaim $72.99 first. A break above that level could send the price toward $74, with $75 becoming the next target if buying momentum improves.
Neutral Prediction:
Holding above $72.41 could keep the SOL price trading between $72.40 and $73.00 for most of today’s session.
Bearish Prediction:
Losing $72.41 may open the door to $71.50, and a failure to hold that area could expose the $70 level.
XRP Price Holds Near $1.06 as ETF Demand Offsets Market Weakness
The XRP price is trading at $1.0677, down 1.67% today. We had a look at the chart and found the price reached a high of $1.0722 and a low of $1.0660 during this session.
Ripple’s XRP price has stayed inside a narrow range, showing that buyers are defending support but have not been able to regain control.
The Relative Strength Index is 45.99, leaving momentum slightly in favor of sellers. The Stochastic indicator reads 45.59, pointing to neutral conditions.
The Ultimate Oscillator stands at 43.16, showing buying pressure remains weak, and the MACD prints -0.0004, indicating bearish momentum is still present.
| Indicator Metric | Reading | Interpretation |
|---|---|---|
| RSI (14) | 45.99 | Sellers hold a slight advantage |
| STOCH (9,6) | 45.59 | Neutral momentum |
| Ultimate Oscillator | 43.16 | Weak buying pressure |
| MACD | -0.0004 | Bearish momentum remains |
Key Factors Pushing the XRP Price Presently
Ripple’s stablecoin, RLUSD, just crossed $1.6 billion in size.
That growth didn’t happen by accident. More exchanges started carrying it. Regulators gave it a thumbs-up. Big players began using it for payments. All of that got more money moving on the XRP Ledger.
Institutional demand also remains healthy. XRP spot ETFs attracted $15 million in net inflows during the week ending August 2, lifting cumulative inflows to roughly $775.5 million.
Also, the proposed xrpld v3.3.0 upgrade introduces private token balances, batch transactions, and sponsored fees, features designed to make the XRP Ledger more attractive to financial institutions.
XRP Price Prediction for Today
Bullish Prediction:
The XRP price needs to break above $1.0722 first. A successful move could target $1.08, with $1.10 becoming the next resistance level.
Neutral Prediction:
Holding above $1.0660 may keep the XRP price moving between $1.0660 and $1.0722 as traders wait for fresh momentum.
Bearish Prediction:
A break below $1.0660 could send the XRP price toward $1.05, with additional downside possible if sellers remain in control.
Bitcoin Price Trades Below $63,000 as Security Concerns Weigh on Sentiment
Bitcoin is at $62,520 right now, down about one and a half percent today. We pulled up the chart and checked the action. This session, it topped out at $62,913 and bottomed at $62,512. Pretty tight range so far.
The Bitcoin price can’t get past $67,000, that zone rejected it hard. Now buyers can’t even push it back to $63,000.
We looked at the RSI, it’s at 39. That puts sellers in the driver’s seat. Bitcoin’s getting close to oversold territory too.
The Stochastic is down at 21.96. That tells you momentum is thin. It’s been drifting near the bottom.
The Ultimate Oscillator? 34.75. Same story, not much buying interest out there. And the MACD is still negative at -261. The bears haven’t let up one bit.
| Indicator Metric | Reading | Interpretation |
|---|---|---|
| RSI (14) | 39.52 | Sellers remain in control |
| STOCH (9,6) | 21.96 | Near oversold territory |
| Ultimate Oscillator | 34.75 | Weak buying pressure |
| MACD | -261 | Bearish momentum remains |
Key Factors Pushing the Bitcoin Price Presently
What’s really dragging crypto down today is that a Coldcard wallet got hacked. Bad. Hackers stole about 1,367 BTC, that’s roughly $88.6 million gone.
Related BItcoin News: Bitcoin spot ETFs end inflow streak
That shook people’s trust in holding their own coins. Galaxy Research found that in just one day, people moved 39,600 BTC from small wallets, those holding less than 1 BTC, over to exchanges. They’re scared and sending their funds somewhere they feel is safer.
There are still positive developments in the background. BitGo CEO Mike Belshe has challenged AI company Anthropic to compromise a multisignature wallet holding 100 BTC, aiming to demonstrate Bitcoin’s underlying cryptographic security.
At the policy level, the proposed American Reserve Modernization Act (ARMA) would establish a U.S. Strategic Bitcoin Reserve and require quarterly Proof-of-Reserves audits if enacted, giving Bitcoin stronger institutional backing over time.
Bitcoin Price Prediction for Today
Bullish Prediction:
The Bitcoin price needs to reclaim $62,913 first. A successful move above that level could open the door to $63,500, with $64,000 becoming the next resistance area.
Neutral Prediction:
Holding above $62,512 could keep the Bitcoin price trading between $62,500 and $62,900 for most of today’s session as traders assess the impact of the Coldcard exploit.
Bearish Prediction:
A break below $62,512 would strengthen the bearish outlook. The Bitcoin price could then fall toward $62,000, and losing that support may expose the $61,500 region.
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