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Crypto Today: Bitcoin, Ethereum, XRP face resistance amid cooling retail buying

Overall sentiment: Negative

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Published Jul 16, 2026 · Retrieved Jul 16, 2026

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  1. Bitcoin retreats toward $64,000 support as retail buying momentum softens Newsworthy Reliable Negative
  2. Bitcoin perpetual futures Open Interest drops from 755,000 to 747,000 BTC, signaling waning retail interest Newsworthy Reliable Negative
  3. Ethereum futures Open Interest declines from nearly 16 million ETH in late May to 14.36 million ETH recently Relevant Reliable Negative
  4. XRP futures Open Interest rises slightly to 2.21 billion XRP but remains below June's peak of 2.28 billion Relevant Reliable Negative
  5. Bitcoin trades below key moving averages (50-, 100-, 200-day EMAs), suggesting resistance to rallies Newsworthy Reliable Negative
  6. Ethereum holds above 50-day EMA near $1,811 but capped by 100-day EMA at $1,944, indicating limited upside Relevant Reliable Negative
  7. XRP trades above $1.10 but remains below moving averages, retaining bearish near-term bias Relevant Reliable Negative
  8. Retail buying cools as reflected in shrinking futures Open Interest, putting pressure on short-term recovery Newsworthy Reliable Negative

Type: standard news · Analysis confidence: 95%

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