Crypto Market Selloff Continues as Bitcoin Hits $64K and Ethereum Falls Below $1,900
Crypto traders are facing a sharp risk-off session as Bitcoin slips toward $64K and Ethereum falls below $1,900. The markets are bracing for the next CPI test, which could lead to a deeper correction if inflation remains high.
The immediate pressure comes from fear around inflation and interest rates. If CPI remains hotter than expected, traders may reduce bets on easier monetary policy and move away from riskier assets.
However, AlphaPepe is gaining momentum in its presale, with Stage 20 live at $0.02602 after Stage 19 sold out fast. The project has raised $2.29 million and attracted more than 10,800 holders. Its AI-powered DEX demo, AlphaSwap, provides a unique value proposition by helping traders avoid buying blindly.
The August 19 Launch Update Reveal will be an important catalyst for AlphaPepe's growth. If CPI fear fades, meme demand returns, AlphaSwap gains users, and exchange access expands, AlphaPepe could offer the high-beta setup that BTC and ETH no longer provide at the same early stage.