Crypto Market at Crucial Crossroads as August 11 Approaches

The cryptocurrency market is at an important technical crossroads as it heads into August 11.

BTC has recovered above $65,000, but the move has yet to develop into a confirmed breakout. ETH remains below $2,000, while XRP's ability to defend $1 could determine whether the token stabilizes or faces another leg lower.

For BTC, sustained ETF demand and improving expectations around US monetary policy could support another attempt at $66,000 and beyond.