Bitcoin Faces $64K Rejection, PI Price Edges Closer to New ATL

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LIT solidifies its position in the top 100 alts after a major surge today.

Bitcoin’s price jumped to $64,000 earlier today for the first time in roughly two weeks, but it was rejected there and now sits over a grand lower.

Most larger-cap alts have remained relatively stagnant on a daily scale. Pi Network’s PI token continues to flirt with its all-time low levels and is very close to charting a fresh one.

BTC Progress Stopped at $64K
June was quite brutal for the primary cryptocurrency, which only continued its losses that began from the mid-May rejection at $83,000. The sixth month of the year ended with a substantial 20% decline, making it the worst in exactly four years.

July began with another dip that pushed the asset to under $58,000 for the first time since October 2024. However, the bulls finally reemerged at this point and helped BTC recover some ground in the following days.

The actual rebound attempt was quite gradual and appeared healthy. Bitcoin quickly climbed past $60,000 and kept increasing swiftly in the following days, including during the weekend. The culmination, at least for now, took place earlier this morning when it tapped $64,000 to chart a two-week peak.

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