ICP rose by double digits every day since listing on the major Korean stock exchange.
Bitcoin’s adventure above $70,000 didn’t last long as the $71,800 asset was rejected and now sits more than two grand below that local peak.
Most of the bigger alternatives are also in the red today as ETH continues to fight for the coveted $2,000 level. ICP and PI are among the exceptions with significant achievements to date.
BTC falls below $70k
It was a week ago that the initial cryptocurrency reached a monthly high of $74,000 after gaining $11,000 after hitting $63,000 on Saturday, when strikes began in the Middle East. However, it was unable to move forward, sending it south to $68,000 over the weekend.
As the battle only intensified over the weekend, BTC fell to $65,600 on Monday morning along with legacy financial markets. However, it recovered almost immediately, especially after US President Donald Trump declared that the war was almost over. BTC rose to $70,000 and although this resistance was initially very strong, the asset managed to bounce back yesterday.
The bulls took it to a six-day peak of $71,800, where it was rejected and pushed south. Currently, Bitcoin is trading well below $70,000 and the market cap in CG is $1.390 trillion. Its dominance over altcoins has also decreased and now it is less than 57%.
ICP, PI in green
Although ETH is down more than 2% in the past day, it is still trading inches from the desired $2,000 level. BNB dropped to $640 after a minor decline, while XRP lost support at $1.40. LINK had the largest drop from the threshold, followed by HYPE, SOL and ADA.
Biggest losses came from ZEC, TAO, SKY and UNI, while ICP bucked the overall market trend with a significant 12% gain to $2.7 after being listed by Upbit. Pi Network’s PI token is another impressive gainer today as a 6% increase has brought it to around $0.23 so far.
The total crypto market cap has fallen by nearly $50 billion to $2.450 trillion as of press time.
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