\n\t\t\t\t\t\t\t\t\tDEXE follows PI in terms of daily losses, while HASH has stolen the show with a massive 25%+ surge. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Perhaps factoring in the substantial escalation in the Middle East, bitcoin\u2019s price tumbled on Monday from over $64,400 to a multi-day low of $61,800, where it finally found some support.<\/p>\n
Most larger-cap alts are in the red once again today, with HYPE, ZEC, and XLM dropping by around 3%.<\/p>\n
BTC Rebounds From Sub-$62K Dip<\/h2>\n
Strategy\u2019s major bitcoin sale announced<\/a> last Monday brought intense volatility to the market. At first, BTC reacted with a painful decline from $64,000 to $61,200, which was rather expected given the significance of such a move. What was more surprising was the subsequent reaction that saw bitcoin jump to $64,600 within hours.<\/p>\n Nevertheless, that was short-lived as the renewed attacks between the US and Iran increased the selling pressure once again. This time, BTC dipped to just $61,600 before it began its recovery. The culmination came during the weekend when the cryptocurrency spiked to $64,600 again. Although it was stopped there, it spent most of the weekend at around $64,000.<\/p>\n Strategy didn\u2019t buy or sell BTC<\/a> in the past week, which was a relief. However, Trump reinstated the US Navy blockade at the Strait of Hormuz, which led to another leg down<\/a> to $61,800. Bitcoin has rebounded since then and now sits almost a grand higher, but it\u2019s still 3% down monthly.<\/p>\n Its market cap remains under $1.260 trillion, while its dominance over the alts has stalled at 56.7% on CG.<\/p>\n It\u2019s safe to say that Pi Network\u2019s native token is among the worst performers during this bear cycle. It was rejected at $0.30 in March and has plunged since then to consecutive all-time lows. After yesterday\u2019s drop to $0.086, the token crashed<\/a> once again in the past day to just over $0.07, marking yet another low.<\/p>\n DEXE is the other double-digit loser on a daily scale after its recent rally. In contrast, HASH is up by 25% to $0.0095, followed by BDX\u2019s 10% surge to a very similar price tag.<\/p>\n ETH, XRP, SOL, TRX, DOGE, RAIN, and XLM have lost up to 2% daily, while HYPE, ZEC, and XLM are down by over 3%.<\/p>\n The total crypto market cap has lost another $20 billion and is below $2.220 trillion on CG.<\/p>\n \u00a0<\/p>\n Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n<\/div>\nPI Smashes New Record Lows<\/h2>\n
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