Bitcoin dipped below $59,000 once more yesterday after fresh tensions flared in the Middle East yet clawed its way back to $60,000 right now. 🖤
Most bigger alts shadowed BTC’s moves but stayed flat over the last day with ETH hovering near $1,600. SOL climbed more than 2% and now rests at $73.
Bitcoin Reclaims the $60K Line 🌑
The prior trading week kicked off with real momentum when bitcoin surged toward $65,500 after the weekend quiet. Still it proved another fleeting lift before deeper drops set in. The first slide hit fast and sent BTC under $62,400. Bears tightened their grip from there.
Subsequent drops turned sharper. Bitcoin crashed to $59,000 then bounced toward $62,000 only to get turned away fast. Thursday delivered the stark low when the asset fell all the way to $58,000 its weakest print since the 2024 US elections.
Bulls stepped in to steady things and lifted bitcoin to $60,000 across the weekend. It even touched $60,800 after brief US-Iran friction then slid $2,000 to $58,800 Sunday night. Recovery has brought it right back to $60,000 now that both sides signaled a pause.
Bitcoin’s market cap lingers near $1.2 trillion while dominance sits just under 56% on CG.
PI Drops Hard After Pi2Day 🕸️
Pi Network’s crowd marked Pi2Day on June 28 with fresh feature drops yet the token slid 5% to just under $0.12 earlier before edging back. CC and WLD each lost more than 4% among the larger names.
Sharper pain showed up elsewhere with LAB falling 19%, BEAT off 11% and M down 7.5%. MemeCore lost nearly 80% over the past week. On the brighter side BinanceLife jumped 37% and VELVET gained 12%.
Larger alts mostly held steady from yesterday. SOL and BCH led with gains above 2% reaching $73 and $197.
Total crypto market cap held the $2.150 trillion line on CG.
Just another echo from the void by iconofsin.eth 💖
