**Crypto Market Update: Bitcoin and Altcoins Under Pressure**

Bitcoin (BTC) has plunged below the critical $60,000 mark, driven by a 6% drop in Japan's Nikkei index and a weak July jobs report. Despite this, Bitcoin remains within a broad trading range. Whales are still bullish, adding 84,000 BTC in July, and 64,000 BTC have exited whale exchange balances, the highest since 2015.

**Key Points:**

- Bitcoin's decline has dragged several altcoins down.

- Buyers are expected to step in as Bitcoin nears the bottom of its range.

- Crucial support levels to watch: $55,724 and $53,485.

**Altcoin Highlights:**

- **Solana (SOL):** Trading between $116 and $210, with support at $127-$116.

- **XRP:** Struggling to stay above $0.52; potential support at $0.46-$0.41.

- **Kaspa (KAS):** Needs to hold $0.17 to avoid deeper correction.

- **Aave (AAVE):** Faces resistance at $115; support at $96-$102.

Investors should stay cautious and conduct their own research before making any trading decisions.