---
title: "Bitcoin, Ethereum, XRP, Dogecoin Slide 2% as Asian Tech Stocks Tumble Ahead of Fed Rate Decision"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294101947.md"
description: "Bitcoin, Ethereum, XRP, and Dogecoin dropped approximately 2% as Asian tech stocks tumbled ahead of the Federal Reserve's interest rate decision. Bitcoin fell below $64,000, losing key support levels, while spot Bitcoin ETFs saw net outflows. Analysts warn of further downside targets near $60,000 due to weakened technical structures and investor caution regarding monetary policy."
datetime: "2026-07-28T18:27:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294101947.md)
  - [en](https://longbridge.com/en/news/294101947.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294101947.md)
---

# Bitcoin, Ethereum, XRP, Dogecoin Slide 2% as Asian Tech Stocks Tumble Ahead of Fed Rate Decision

Bitcoin slipped below $64,000 on Tuesday as a selloff in Asian tech equities reflected investor caution ahead of the Federal Reserve’s interest rate decision Wednesday.

**Cryptocurrency**

**Ticker**

**Price**

**Bitcoin**

(CRYPTO: BTC)

$63,674.81

**Ethereum**

(CRYPTO: ETH)

$1,908.10

**Solana**

(CRYPTO: SOL)

$73.83

**XRP**

(CRYPTO: XRP)

$1.05

**Dogecoin**

(CRYPTO: DOGE)

$0.07056

**Shiba Inu**

(CRYPTO: SHIB)

$0.054609

**Notable Statistics:**

-   Coinglass data shows 133,415 traders were liquidated in the past 24 hours for $620.81 million.       
-   SoSoValue data shows net outflows of $11.6 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $9.23 million.
-   In the past 24 hours, top losers include Audiera, LayerZero and Shiba Inu.

**Notable Developments:**

-   Saylor’s Bitcoin Break Isn’t a Pivot, Expert Says: Here’s the Real Reason Strategy Pressed Pause
-   Ethereum, Solana Cheer Morgan Stanley ETF Launch, Bounce 2% Intraday
-   ‘A Tower of Liquidity Bound to Collapse’: Crypto Traders Pivoting to AI Stocks Take On Hedge Funds
-   Tom Lee Says Bitcoin, Ethereum Decoupling Chip Stocks Is Its ‘1934 Moment’
-   Bitcoin Drops Below $64,000: ‘Respect the Bear,’ Bloomberg’s Mike McGlone Says
-   Raoul Pal Says ‘Young, Volatile’ Bitcoin Is Tracking Global Liquidity: ‘Nothing Is Broken’
-   Circle Acquires IBM’s Entire Blockchain Patent Portfolio: ‘IBM Just Capitulated,’ Analyst Says
-   Coinbase Policy Chief Says CLARITY Act Is Critical to Keep Crypto Lead Over China
-   Cardano Founder Calls Trump ‘Disgusting’, Though Harris Administration Would Have Been ‘Worse’ for Crypto

**Trader Notes:**

Crypto chart analyst Ali Martinez said Bitcoin has lost the key $63,800 support level, weakening its near-term technical structure.

With that breakdown, analyst sees $60,000 as the next major downside target unless bulls quickly reclaim the lost support.

Ted Pillows noted Bitcoin is forming a falling wedge, a pattern often viewed as a potential bullish reversal, just as the CLARITY Act nears its final legislative stage.

The trader argues that if the bill passes, it could validate **Tom Lee**‘s bullish outlook, while a rejection would likely delay, but not necessarily invalidate, his longer-term thesis.

Trader Crypto Poseidonn believes Bitcoin’s summer uptrend has ended, citing a loss of key support and the formation of a lower high.

Drawing parallels with the April-May decline, he expects Bitcoin to revisit sub-$60,000 levels in the coming weeks.

_Image: Shutterstock_

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