Bitcoin Rejected at $120K as Altcoins Slide, PI Token Rises

Bitcoin Rejected at $120K as Altcoins Slide, PI Token Rises
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Bitcoin’s push past $120,000 was halted once again, triggering a brief drop before recovery. Meanwhile, most altcoins faced significant losses, though Pi Network’s PI token defied the trend with a notable gain.

  • Bitcoin faced rejection at $120K, dropping to $116K before recovering to $118K.
  • Altcoins like ETH, XRP, and ADA declined, while PI token surged 6% against the trend.
  • Total crypto market cap fell by $60 billion, with Bitcoin maintaining 59% dominance.
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