Pi Network’s PI Leads the Altcoin Rally as BTC Eyes $65K: Market Watch

Bitcoin’s slow and gradual price revival took it to $65,000 for the first time since Friday a few hours ago, but the asset still has yet to  overcome that level for good.

Most larger-cap alts have produced minor moves as well over the past 24 hours, with ETH climbing above $1,900, while XRP continues to underperform.

Bitcoin Price Eyes $65K

Bitcoin tried to take down the $65,000 mark on several occasions during the previous business week. Its strongest attempts were last Monday when it was halted at $65,600 twice. After a major slump, it went at it again on Friday, but this time it was stopped even earlier, at $65,400.

Another painful leg down followed, which drove it to $62,400 within the same day and down to a monthly low of $62,200 on Saturday. US President Trump’s announcement of canceled strikes against Iran on Sunday morning resulted in a rebound attempt that was stopped at $63,800 on Monday morning.

BTC fell quickly to the same $62,200 level before the bulls stepped up. They were more persistent this time and helped BTC climb above $63,000 and even $64,000 within a day or so. The cryptocurrency has been fighting for the latter for 24-36 hours, but it has seemingly reclaimed that level as of now. Moreover, it tapped $65,000 earlier this morning, but it was halted there and now sits inches below it.

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