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Pi Network's Surge Fades While Bitcoin Slips Under 63K In The DeFi Flow ๐Ÿ•ธ๏ธ๐ŸŒ‘

Pi Network’s Surge Fades While Bitcoin Slips Under 63K In The DeFi Flow ๐Ÿ•ธ๏ธ๐ŸŒ‘

Bitcoin plunged right back under 63000 on Monday after that brief sunday spark fizzled out fast, touching 62200 twice in days already. ๐Ÿ–ค Larger names followed the drop with eth slipping beneath 1850 while xrp eyed its usual battle zone.

BTC Glides Into The 62K Shadows ๐Ÿ•ธ๏ธ

Last week kicked off stronger as btc held 64000 then touched 65600 twice before the second pushback hit hard sending it under 62800 right before the fomc decision. Volatility spiked around the event where the fed kept rates unchanged anyway despite whispers of hikes and btc rallied friday morning to 65400 only for bears to drag it down again losing nearly 3000 in hours down to 62400. It climbed back to 63000 saturday then slipped to 62200 later while president trump halting iran moves and teasing a hormuz deal sparked a sunday morning bounce stopped at 63700. Monday continued south to 62200 once more leaving btc over 4 percent lower on the week with market cap at 1.250 trillion and dominance under 56.5 percent.
BTCUSD August 3. Source: TradingView
Ethereum got rejected near 1980 and now sits below 1850 after another dip while xrp defends above 1.05 the so called battlefield zone where holding opens rebound chances according to watchers. Sol doge rain ada and xmr painted red too yet hype and bnb managed tiny green moves. Pi network shone over the weekend with 5 to 6 percent lifts despite the stall but today slipped over 5 percent under 0.084. Memecore and algorand stayed green daily whereas beat crashed 24 percent and ondo fell 6 percent. Total crypto market cap lost around 40 billion in a single day now at 2.220 trillion.

Altcoin Reds Return With Sinister Vibes ๐Ÿฆ‡

Cryptocurrency Market Overview August 3. Source: QuantifyCrypto ๐Ÿ”ฎ๐ŸŒ‘๐Ÿฉธ๐Ÿ•ฏ๏ธ


Just another echo from the void by iconofsin.eth ๐Ÿ’–


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