\n\t\t\t\t\t\t\t\t\tPI has erased much of the recent gains, but still trades around $0.20.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin\u2019s underwhelming price moves over the weekend continued as the asset dipped below $67,000 earlier today for the first time since Tuesday.<\/p>\n
Most altcoins are also in the red today, with ETH slipping further away from the coveted $2,000 level, while ADA and XMR are down by over 2%. ZEC and PI have dumped the most daily.<\/p>\n
BTC Fights for $67K<\/h2>\n
Last weekend brought intense volatility for the crypto markets after the US and Israel attacked<\/a> Iran. BTC dropped immediately from $67,000 to $63,000 but rebounded within the day to $68,000 after reports that the Iranian Supreme Leader was killed<\/a> during the attacks.<\/p>\n The gains continued by the middle of the business week when bitcoin peaked at $74,000, a level not seen in a month. However, the bears stepped up at this moment and didn\u2019t allow for any further increases.<\/p>\n Just the opposite; BTC started to lose value<\/a> but dumped the most on Friday after a weak US jobs report and Trump\u2019s latest threats and remarks on Iran and Cuba. It slipped<\/a> further on Sunday, dipping to $66,600, which became its lowest level since Tuesday. However, it reacted well and now trades almost a grand higher.<\/p>\n As of now, BTC\u2019s market cap has settled at $1.350 trillion, while its dominance over the alts sits quietly at 56.6% on CG.<\/p>\n Pi Network\u2019s native token defied the overall market correction in the past few days, skyrocketing<\/a> to a three-month peak of over $0.23 yesterday. However, it failed there, and the subsequent rejection has pushed it south hard to $0.20 as of press time. ZEC follows suit in terms of daily losses and now struggles below $200.<\/p>\n Most larger-cap alts are also in the red, but in a less painful manner. ETH has decisively broken<\/a> below the $2,000 level after another minor decline, while BNB is down to $620. SOL, XRP, ADA, XMR, and LINK are also down today.<\/p>\n The total crypto market cap has shed around $30 billion daily and is below $2.4 trillion as of now on CG.<\/p>\n \u00a0<\/p>\nPI Nosedives<\/h2>\n
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