The cryptocurrency market faced a sharp corrective turn on Monday as Bitcoin failed to sustain a weekend rebound above $72,000, sliding back below the psychologically significant $70,000 level. This rejection has dragged the vast majority of major altcoins into negative territory, erasing approximately $70 billion from the total market capitalization in a single day. Amid the widespread retreat, WLFI emerged as a stark outlier, posting an 8% gain and defying the prevailing negative sentiment that has gripped the broader digital asset space.
about Bitcoin Dips Below $70K as Altcoins Retreat; WLFI Bucks Trend
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Pi Network’s PI Token Defies Crypto Market Correction
As the broader cryptocurrency market retreats, Pi Network’s native token PI stands out as a notable exception, trading resiliently above $0.20 while altcoins like LEO, HYPE, and PUMP post significant declines. This pattern of defiance during market corrections—previously observed in October and November—raises critical questions about whether PI represents a genuine hedge against volatility or is merely propelled by speculative rumors that ultimately lead to severe corrections.
about Pi Network's PI Token Defies Crypto Market CorrectionBitcoin Rejected at $90K, Altcoins Bleed as HYPE Plunges 10%
The cryptocurrency market endured another volatile session this week, characterized by sharp Bitcoin price swings and widespread altcoin declines. Bitcoin’s repeated failure to hold above $90,000 triggered a cascade of selling, erasing gains from a brief mid-week rally and pushing the total market capitalization to the brink of the $3 trillion support level. As Bitcoin’s dominance climbed, signaling a flight to relative safety, assets like Ethereum, XRP, and particularly Hyperliquid’s HYPE token posted significant losses, underscoring the persistent bearish pressure across the sector.
about Bitcoin Rejected at $90K, Altcoins Bleed as HYPE Plunges 10%Altseason Signals Flash as Bitcoin Dominance Forms Rare Death Cross
Cryptocurrency markets are flashing compelling signals that a new altseason may be imminent, with Bitcoin dominance forming a rare “death cross” pattern that historically precedes massive altcoin rallies. Analyst Ito Shimotsuma identified this technical formation that has only occurred once per market cycle in 2016 and 2021, both instances resulting in parabolic gains for alternative cryptocurrencies. With Bitcoin’s market share dropping 12% from its June high and several major altcoins already hitting record highs, market indicators suggest we could be on the verge of the next major altcoin run.
about Altseason Signals Flash as Bitcoin Dominance Forms Rare Death CrossPump.fun Aims for $1.32B Token Sale, Ranks 3rd in Crypto History
Pump.fun, a Solana-based memecoin platform, is preparing for a groundbreaking $1.32 billion PUMP token sale, which could become the third-largest crypto fundraising event—trailing only FTX’s FTT and EOS. The token, priced at $0.004 with a fixed supply of 1 trillion, will allocate 33% for its ICO, split between private institutional sales (18%) and public exchanges (15%). Despite surging pre-market interest—evidenced by a 300% jump in perpetual contracts—large investors (whales) are shorting PUMP, anticipating a post-launch crash. The token’s no-vesting structure and memecoin nature add to both hype and skepticism.
about Pump.fun Aims for $1.32B Token Sale, Ranks 3rd in Crypto HistoryBTC Dips to $108K as HYPE Altcoin Drops 5%
Bitcoin’s rally to $110,500 proved short-lived as it quickly fell back to $108,000, reflecting ongoing volatility in the crypto market. Meanwhile, altcoins like HYPE, DOGE, and LINK saw declines, with HYPE dropping nearly 5%. The total crypto market cap decreased by $20 billion, settling at $3.420 trillion, while Bitcoin’s dominance held steady at 63%. Despite minor recoveries, the market remains in a consolidation phase, with notable losers like FARTCOIN (-8%) and gainers such as TKX (+11%) highlighting the mixed performance across assets.
about BTC Dips to $108K as HYPE Altcoin Drops 5%