{"id":197851,"date":"2026-07-14T09:09:21","date_gmt":"2026-07-14T09:09:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=197851"},"modified":"2026-07-14T09:09:21","modified_gmt":"2026-07-14T09:09:21","slug":"pi-networks-pi-crashes-and-burns-again-bitcoin-rebounds-from-62k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=197851","title":{"rendered":"Pi Network\u2019s PI Crashes and Burns Again, Bitcoin Rebounds From $62K: Market Watch"},"content":{"rendered":"

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

<\/a>BTCUSD July 14. Source: TradingView<\/p>\n

PI Smashes New Record Lows<\/h2>\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

<\/a>Cryptocurrency Market Overview July 14. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Pi Network\u2019s PI Crashes and Burns Again, Bitcoin Rebounds From $62K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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. Most larger-cap alts are in the red once again today, with HYPE, ZEC, and XLM dropping by around 3%. BTC Rebounds From Sub-$62K Dip Strategy\u2019s […]<\/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-197851","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/197851"}],"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=197851"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/197851\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=197851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=197851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=197851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}