Pi Network (PI) Rally Fades, Bitcoin (BTC) Loses $63K: Market Watch
Aug 3, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato

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AI Overview
Bitcoin fell below $63,000 on Monday, dipping to $62,200 for the second time in days as a brief Sunday relief rally faded. Large-cap altcoins joined the sell-off with ETH sliding under $1,850 and XRP moving toward a key support level, signaling renewed short-term bearish pressure on the crypto market.
Bearish
The Sunday morning minor relief rally couldn’t continue for long, and bitcoin dived below $63,000 again on Monday and even dipped to $62,200 for the second time in just a few days.
The larger-cap alts have joined the ride, with ETH sliding below $1,850, and XRP heading towards a familiar support level.
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