--- title: "Bitcoin, Ethereum Gain; XRP, Dogecoin Dip as Trump Denies Iran Talks: Analyst Says BTC May 'Resume Its Advance' if This Support Holds" type: "News" locale: "en" url: "https://longbridge.com/en/news/296296913.md" description: "Cryptocurrencies traded mixed on August 18 as investors reacted to President Trump's denial of Iran talks. Bitcoin held near $64,400 while Ethereum rose slightly; XRP and Dogecoin dipped. Crypto-related stocks fell, and over $200 million in long positions were liquidated. Analyst Ali Martinez identified the $63,111–$61,849 support zone as critical for Bitcoin to resume its advance, with a breakdown potentially targeting $54,276." datetime: "2026-08-19T02:02:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296296913.md) - [en](https://longbridge.com/en/news/296296913.md) - [zh-HK](https://longbridge.com/zh-HK/news/296296913.md) --- # Bitcoin, Ethereum Gain; XRP, Dogecoin Dip as Trump Denies Iran Talks: Analyst Says BTC May 'Resume Its Advance' if This Support Holds Leading cryptocurrencies held steady on Tuesday as investors digested President **Donald Trump’s** latest remarks on Iran negotiations. **Cryptocurrency** **24-Hour Gains +/-** **Price (Recorded at 9:20 p.m. EDT)** **Bitcoin** (CRYPTO: BTC) +0.23% $64,421.35 **Ethereum** (CRYPTO: ETH)                 +0.36% $1,913.07 **XRP** (CRYPTO: XRP)                          \-0.23% $0.9980 **Solana** (CRYPTO: SOL)                          +1.30% $76.86 **Dogecoin** (CRYPTO: DOGE)              \-0.37% $0.06998 ## **Crypto Market** Trade Mixed **Bitcoin** approached $65,000 during the early hours of trading, but failed to secure a clear breakout. Trading volume fell 12% over the last 24 hours. **Ethereum** topped $1,900 and consolidated, while **XRP** and **Dogecoin** lagged. Cryptocurrency-related stocks sold off, with **Strategy Inc.** (NASDAQ:MSTR) and **Bitmine Immersion Technologies Inc.** (NYSE:BMNR) closing down 5.28% and 2.35%, respectively.  Over $200 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data. Bitcoin’s open interest fell 0.53% over the last 24 hours. A drop in open interest alongside a price increase typically signals short covering i.e, bearish traders are buying back contracts to exit their positions. "Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index. **Top Gainers (24 Hours)**  **Cryptocurrency (Market Cap\>$100 M)** **Gains +/-** **Price (Recorded at 9:20 p.m. EDT)** **Bitway** (BTW)       +23.91%     $0.4428 **Ribbita by Virtuals** (TIBBIR)                    +22.78%     $0.2126 **Velvet** (VELVET)               +13.79%     $0.6582 The global cryptocurrency market capitalization stood at $2.18 trillion, representing a modest increase of 0.47% over the last 24 hours. **Read Also: Bitcoin's Investment Case Hasn't Changed, BlackRock Says, Backs up to 2% Portfolio Allocation** ## **Stocks Dive on Iran Deadlock** Stocks extended their losses on Tuesday. The **Dow Jones Industrial Average** fell 116.38 points, or 0.22%, to close at 53,343.40. The **S&P 500** slipped 0.69% to close at 7,691.76, while the tech-focused **Nasdaq Composite** declined 1.33% to settle at 26,289.71. Trump said in a Truth Social post that the U.S. is not having any “talks or conversations” with Iran, nor are any scheduled. He said that the naval blockade remains in effect and the Strait of Hormuz is open for traffic. ## Will Bitcoin Sink Below $60,000? On-chain analytics firm CryptoQuant spotlighted Bitcoin’s 30-day average Taker Buy Volume plunging to levels previously observed around the late-2020 reset, the 2022 cycle bottom and the 2023 consolidation. When Taker Buy Volume falls, it means active buyer demand is fading and aggressive selling or market neutrality is taking over. “A more credible bottoming signal would require Bitcoin to stabilize while Taker Buy Volume begins to recover,” the firm added. “The current reading therefore points to an advanced reset in market participation, not a confirmed bottom.” > Bitcoin Taker Buy Volume Enters a Historical Exhaustion Zone > > "Historically, similar contractions have appeared during periods of capitulation or accumulation and have often preceded a recovery in demand." – By @MorenoDV\_ pic.twitter.com/fdlGdVwIYS > > — CryptoQuant.com (@cryptoquant\_com) August 18, 2026 **Ali Martinez**, a widely followed cryptocurrency analyst and trader, flagged $63,111–$61,849 as Bitcoin’s immediate support zone, where over 2 million BTC last changed hands. “If it holds, Bitcoin may resume its advance,” Martinez projected. “If it breaks amid rising selling pressure, the next major downside target is near $54,276.” > 7/8 The key support zone to watch is $63,111–$61,849. > > URPD data shows that more than 2 million $BTC were previously transacted in this range. If it holds, Bitcoin may resume its advance. > > If it breaks amid rising selling pressure, the next major downside target is near $54,276. pic.twitter.com/xyzWpJS6hB > > — Ali Charts (@alicharts) August 18, 2026 **Read Also: Anthony Scaramucci Says Bitcoin Will Move 'Back Up Over $100,000 Again'** _Photo Courtesy: Marc Bruxelle on Shutterstock.com_ ### Related Stocks - [BTC.US](https://longbridge.com/en/quote/BTC.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BWOW.US](https://longbridge.com/en/quote/BWOW.US.md) - [GDOG.US](https://longbridge.com/en/quote/GDOG.US.md) - [XRP.US](https://longbridge.com/en/quote/XRP.US.md) - [TXXD.US](https://longbridge.com/en/quote/TXXD.US.md) - [XRPZ.US](https://longbridge.com/en/quote/XRPZ.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [XRPR.US](https://longbridge.com/en/quote/XRPR.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [TDOG.US](https://longbridge.com/en/quote/TDOG.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [GXRP.US](https://longbridge.com/en/quote/GXRP.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [BITU.US](https://longbridge.com/en/quote/BITU.US.md) - [BITX.US](https://longbridge.com/en/quote/BITX.US.md) - [BTCL.US](https://longbridge.com/en/quote/BTCL.US.md) - [SBIT.US](https://longbridge.com/en/quote/SBIT.US.md) - [BTCZ.US](https://longbridge.com/en/quote/BTCZ.US.md) - [YBIT.US](https://longbridge.com/en/quote/YBIT.US.md) - [YBTC.US](https://longbridge.com/en/quote/YBTC.US.md) - [ETHT.US](https://longbridge.com/en/quote/ETHT.US.md) - [ETHU.US](https://longbridge.com/en/quote/ETHU.US.md) - [ETU.US](https://longbridge.com/en/quote/ETU.US.md) - [ETHD.US](https://longbridge.com/en/quote/ETHD.US.md) - [ETQ.US](https://longbridge.com/en/quote/ETQ.US.md) - [SETH.US](https://longbridge.com/en/quote/SETH.US.md) - [YETH.US](https://longbridge.com/en/quote/YETH.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) - [DOGEUSD.VAHK](https://longbridge.com/en/quote/DOGEUSD.VAHK.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [STRF.US](https://longbridge.com/en/quote/STRF.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [STRK.US](https://longbridge.com/en/quote/STRK.US.md) - [STRD.US](https://longbridge.com/en/quote/STRD.US.md) - [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) ## Related News & Research - [Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments](https://longbridge.com/en/news/296124824.md) - [Fundstrat Sees 30% Swing In Bitcoin’s Price](https://longbridge.com/en/news/296239209.md) - [Bitcoin lands on the same custody rails Citi uses for equities and bonds](https://longbridge.com/en/news/296272222.md) - [Paul Tudor Jones Is Buying Bitcoin ETF IBIT Again — But His Trade Has Changed](https://longbridge.com/en/news/296136074.md) - [Nakamoto reports Q2 net loss of $133 mln](https://longbridge.com/en/news/295800977.md)