\n\t\t\t\t\t\t\t\t\tIn contrast, BCH and PI have dumped the most from the large- and mid-cap alts.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin\u2019s troubles only intensified as the legacy financial markets started to open during the night, with the asset dipping to a new multi-week low of under $77,000.<\/p>\n
Most altcoins have followed suit with painful declines from ETH, DOGE, and especially BCH. On the contrary, HYPE and ZEC have defied the crash.<\/p>\n
BTC Below $77K<\/h2>\n
The previous business week was significantly more bullish for the primary cryptocurrency. It began with some volatility on Sunday that included a dip below $80,400, but it quickly rebounded and gained $2,000 in minutes. Although it was stopped there at first, BTC returned to the $82,000 level on Tuesday, only to be halted once again.<\/p>\n
This correction was more painful and pushed it south to under $79,000 on Wednesday. The bulls took the upper hand on Thursday after the CLARITY Act passed<\/a> the US Senate Banking Committee, and bitcoin returned to $82,000. However, this turned out to be another fakeout, and the subsequent rejections have been quite brutal.<\/p>\n The asset fell<\/a> to under $80,000 by Saturday and down to $78,000 on Sunday. After spending 24 hours fighting to stay above that support, it gave in on Monday morning after Trump\u2019s latest threats against Iran<\/a>. Bitcoin dropped to $76,500 for the first time in roughly three weeks, and currently stands below $77,000.<\/p>\n Its market capitalization is down to $1.540 trillion on CG, while its dominance over the alts remains above 58%.<\/p>\n Ethereum is close to breaking below $2,100 after another 3% drop on a daily scale. BNB is down to $640 after a 2% decline, while XRP is under $1.40 following a similar dip. DOGE has plunged by over 5% daily, while BCH has plummeted by more than 11% and now struggles at $365.<\/p>\n With most other alts in the red, there are two evident exceptions \u2013 HYPE and ZEC. The former has soared past $45, while the latter stands at around $530. Pi Network\u2019s native token continues to dig new local lows, dumping<\/a> below $0.15 earlier today.<\/p>\n The total crypto market cap has shed another $50 billion and is down to $2.630 trillion as of press time.<\/p>\n \u00a0<\/p>\nHYPE Up, Most Down<\/h2>\n
<\/a>