{"id":194455,"date":"2026-07-08T09:40:18","date_gmt":"2026-07-08T09:40:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=194455"},"modified":"2026-07-08T09:40:18","modified_gmt":"2026-07-08T09:40:18","slug":"pi-networks-pi-crumbles-to-new-atl-bitcoin-btc-halted-at-64k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=194455","title":{"rendered":"Pi Network\u2019s Pi Crumbles to New ATL, Bitcoin (BTC) Halted at $64K: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s price faced another rejection following the renewed strikes in the Middle East and Trump\u2019s latest statement, going from over $64,000 to under $62,000 in hours.<\/p>\n

Most altcoins have joined the ride south, with ETH sliding below $1,750, while XRP has dropped beneath $1.10. PI has marked another all-time low.<\/p>\n

BTC Dips Below $62K<\/h2>\n

The start of July has been a mini rollercoaster for the primary cryptocurrency. It dipped below $58,000 on July 1 for the first time in nearly two years, but began its gradual recovery immediately and surged to over $63,000 over the weekend. After a minor retracement there, it jumped to $64,000 on Monday morning for the first time in two weeks.<\/p>\n

However, Strategy\u2019s new and much bigger BTC sale drove it south again<\/a>, as the asset dumped to $61,200 in a FUD-induced move. While many expected another leg down, bitcoin went in the opposite direction and jumped past $64,600 within hours. This was another short-lived rally, though, and it slipped to $62,600 yesterday.<\/p>\n

Another leg up followed, driving the cryptocurrency to $64,200, where it was rejected again after the US and Iran launched<\/a> new strikes against each other. The landscape worsened hours ago after Trump said he believes the MoU with Iran is \u2018over.\u2019 BTC dumped further, dropping<\/a> below $62,000 for the second time this week.<\/p>\n

Its market cap has retreated to $1.240 trillion, while its dominance over the alts remains at 56.6% on CG.<\/p>\n

<\/a>BTCUSD July 8. Source: TradingView<\/p>\n

PI\u2019s New ATL, LAB\u2019s Crash<\/h2>\n

Pi Network\u2019s native token continues to be among the poorest performers during this cycle. It keeps dropping to new all-time lows, and it hit a new one earlier today. Despite the new updates from the team, PI plummeted<\/a> by over 8% and crashed to $0.101 (on CoinGecko) to set a new low. It\u2019s down by over 96.5% since its ATH in February 2025.<\/p>\n

LAB has dumped the most over the past 24 hours. The token has lost over 80% of its value and now struggles below $2.30. PUMP, BEAT, and JUMP complete the double-digit losers club today.<\/p>\n

Ethereum and Binance Coin have lost over 2% of value, while XRP, SOL, HYPE, and DOGE are down by 4-5%. XLM, NEAR, ADA, and CC have dropped by more than 5% daily. ZEC is among the few exceptions in the green now after the recent update<\/a> from founder Zooko Wilcox-O\u2019Hearn.<\/p>\n

The total crypto market cap has shed $50 billion in a day and is below $2.2 trillion on CG now.<\/p>\n

<\/a>Cryptocurrency Market Overview July 8. Source: QuantifyCrypto<\/p>\n

The post Pi Network\u2019s Pi Crumbles to New ATL, Bitcoin (BTC) Halted at $64K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price faced another rejection following the renewed strikes in the Middle East and Trump\u2019s latest statement, going from over $64,000 to under $62,000 in hours. Most altcoins have joined the ride south, with ETH sliding below $1,750, while XRP has dropped beneath $1.10. PI has marked another all-time low. BTC Dips Below $62K The […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-194455","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/194455"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=194455"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/194455\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=194455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=194455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=194455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}