BTC, ETH, XRP Dip Amidst White House July Crypto Law Target

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices declined, fueling sell pressures in altcoins after a previous rally that lifted the market cap of all digital assets.

Trading data showed that Bitcoin has fallen below $79k, Ethereum is tracking $2.3k, and XRP is locked below $1.40 on Wednesday due to weak buying sentiment.

The crypto market capitalisation is down 1.5% to $2.66 trillion over the past 24h, driven by a combination of Bitcoin-led selling pressure and DeFi security concerns.

 Bitcoin dominance rose to 60.23%, indicating the market followed BTC’s decline. The drop was amplified by comments from Michael Saylor, who discussed the potential for strategic Bitcoin…