Bitcoin Rejected at $64K, Pi Network’s PI Close to New ATL: Market Watch
Bitcoin briefly rallied to $64,000 earlier today, its highest level in roughly two weeks, but was rejected and has pulled back by over $1,000. Most large-cap altcoins and DeFi tokens remained largely stagnant on the day, limiting market-wide upside. Pi Network's PI token is trading near its all-time low and is close to printing a fresh low, signaling weak token performance and cautious crypto market sentiment.
Bitcoin’s price jumped to $64,000 earlier today for the first time in roughly two weeks, but it was rejected there and now sits over a grand lower.
Most larger-cap alts have remained relatively stagnant on a daily scale. Pi Network’s PI token continues to flirt with its all-time low levels and is very close to charting a fresh one.