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Crypto market holds support near $2.14T despite tech sell-off

Bitcoin dipped below $63K before rebounding to $64.3K, while stablecoin inflows signaled renewed US investor activity.

Reported · Written up by our desk · Market Structure

Crypto markets steadied on Tuesday even as tech stocks came under pressure. Crypto market capitalization fell toward $2.14T, a support level it has repeatedly tested over the past three weeks, and prices remained above the 50-day moving average, a sign the bounce attracted buyers.

The rotation out of crypto into AI stocks has been ongoing since the start of the year, but coins have stayed resilient despite the Nasdaq-100 entering a technical correction, down more than 10% from its peak. Over the past 24 hours, Cardano rose 4.8%, Uniswap gained 3.1%, and XRP added 3%, while Immutable, Official Trump, and Theta Network declined.

Bitcoin fell below $63K before a fresh wave of buying pushed it back to $64.3K. The article said the current support is lower than during February through April, but argued that large long-term investors are still backing the market.

Risk to crypto is tied to whether equity weakness evolves into a broader move away from risk, potentially linked to interest-rate commentary from the Fed. Separately, Strive, a public company holding Bitcoin reserves, increased its crypto holdings to 20,000 BTC, adding 79 BTC for $5.2 million at an average price of $65.7K per coin, and CryptoQuant flagged that USDC stablecoin inflows into exchanges have exceeded outflows for the first time in over two months. Visa data cited by the outlet put USDC at around 70% of transactions in the first half of 2026, even as DeFiLlama reported stablecoin total market cap fell by more than $10 billion from its May peak to $310 billion.

Latest closeBitcoin $64,478.87 ▲0.9%|XRP $1.087 ▲1.8%|Nasdaq Comp. 24,876.91 ▼0.2%

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