Bitcoin dropped to a 10-day low of $62,500, posting weekly losses close to 4% as its dominance over altcoins fell to 56.1%. Despite positive July CPI data, bitcoin failed to sustain levels around $64,000. Strategy sold an additional 1,690 BTC for $108.6 million, though CEO Phong Le confirmed purchases would resume by year-end. XRP fell below the $1 psychological level for the first time in 21 months.
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