Crypto Price Today: BTC Falls Below $63K as ETH, XRP, and SOL Tumble as SPCX Crashes 16%

The crypto price today slipped as Bitcoin crashed below the $63,000 mark, and leading altcoins weakened. Selling followed a risk-off move across stocks, fresh ETF outflows, and heavy long liquidations. 

Ether, XRP, and Solana fell together with Bitcoin, and SPCX fell when SpaceX declared a massive debt issuance.

Crypto Price Today: BTC, ETH, XRP, and SOL Slide

The crypto price today showed general weakness in leading digital assets. Bitcoin price dropped to less than $63,000 with a loss of $1,500 in three hours.

Crypto price was put under pressure by a tech-led equity selloff, as Bitcoin has behaved like a risk asset. That connection made the recent Crypto market crash seem closer to Wall Street.

Bitcoin is currently hovering around a significant support zone of between $59,000 and $60,000. The zone in possession would assist in stabilizing the price. A firm breach of it can reveal the level of $54,000.

Ether also weakened as sellers drove ETH down to $1,650. The support level is at $1600 that traders are observing. In case ETH possesses such an area, there could be sideways consolidation. A break below $1,600 could bring $1,550 into focus.

XRP price has been trading around $1.11 following a minor decline. The most important support area is the $1.10 level. A close below it on a daily basis can pose a threat of a drift toward $1.05.

Solana price slipped below $70 after losing more than 5%. SOL must hold around $69.50 to protect its structure. A failure by buyers might revert to the 62 to 65 range.

ETF Outflows and Long Liquidations Pressure Bitcoin

The ETF flows further pressure the sentiment of Bitcoin. According to SoSoValue data, Bitcoin spot ETFs experienced net outflows of 68.17 million on June 22. The Ethereum spot ETFs recorded net outflows of $66.03 million, too.

According to SoSoValue data, on June 22 (Eastern Time), Bitcoin spot ETFs recorded a total net outflow of USD 68.1757 million, while Ark Invest and 21Shares’ ARKB saw the largest single-day net inflow at USD 63.9991 million. Ethereum spot ETFs recorded a total net outflow of USD… pic.twitter.com/w6U1OqCWQb

— Wu Blockchain (@WuBlockchain) June 23, 2026

Nonetheless, all funds were not sold. Ark Invest and 21Shares’ ARKB posted $63.99 million in net inflows. In the meantime, the TETH of 21Shares had registered a lesser inflow of 346,100.

Leverage increased the sell off. In four hours, more than 220 million in long positions had been sold off. Forced selling may enhance a loss in case of a rapid price fall.

SPCX Slides 16% Despite Fresh ARK Invest Buying

SPCX stock added to market caution after closing down 16.4%. Over 400 billion of market value was wiped out in the fall. The stock has fallen 31.3% since its all-time high.

The drop followed SpaceX’s first senior unsecured notes offering. The company is seeking at least $20 billion through the sale. SpaceX also disclosed an amount of approximately 100.8 billion cash and equivalents as of June 19.

🚨 Breaking: @CathieDWood @ARKInvest Buys More Elon Musk’s SpaceX ($SPCX) shares.

Cathie Wood’s #ArkInvest purchased 210,121 shares of Elon Musk’s SpaceX ($SPCX) worth approximately $32.5 million, boosting its holdings across several ETFs.

The move came after @SpaceX stock… pic.twitter.com/hBZ5SKnomk

— CoinGape (@CoinGapeMedia) June 23, 2026

ARK Invest bought into the decline. Cathie Wood’s firm purchased 210,121 SPCX shares worth about $32.5 million. SpaceX also signed an AI computing contract with Reflection AI of up to 6.3 billion.

Upcoming Crypto Events to Watch

The deadline of the EU MiCA is July 1, 2026. Illegal trading has to leave the area at the expiry of the transition period. That would impact liquidity and access to the market.

CLARITY Act Advances as the US house schedules critical July 17 hearing. A signature would develop more explicit guidelines on online resources. That can facilitate new ETFs, listings and institutional business.