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ICP and PI Defy Altcoin Correction, BTC Price Slips Below $70K: Market Watch


ICP and PI Defy Altcoin Correction, BTC Price Slips Below $70K: Market Watch

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Bitcoin was rejected at $71,800 and is now more than $2,000 below that local peak, signaling near-term resistance for BTC and downside pressure on crypto market breadth. Most large-cap altcoins are in the red with Ethereum struggling to reclaim the $2,000 level, raising short-term risk for DeFi and exchange activity. ICP and PI are notable exceptions posting gains, suggesting potential altcoin leadership shifts; monitor token performance and liquidity on CEX/DEX.

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Bitcoin’s adventure above $70,000 didn’t last long as the asset was rejected at $71,800 and now sits over two grand below that local peak.

Most larger-cap alts are also in the red today, as ETH continues to fight for the coveted $2,000 level. ICP and PI are among the few exceptions with notable gains today.

Read the article at CryptoPotato

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Coins

$ 63.98K

-0.35%

$ 1.81K

+0.20%

$ 0.00186

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In This News

Coins

$ 63.98K

-0.35%

$ 1.81K

+0.20%

$ 0.00186

Predictions Markets

See what traders are focused on

View analytics →
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