Pi Network's PI Token Rebounds while Bitcoin (BTC) Stagnates Below $68K: Market Observation

Bitcoin, after a failed attempt to breach the $70,000 resistance, has slipped below $68,000, with its market cap decreasing further to $1.355 trillion. Its dominance over altcoins is now under 56.5%. Meanwhile, most larger-cap altcoins, including XRP and DOGE, have underperformed this business week. On the other hand, the native token of Pi Network has shown positive momentum, reaching nearly $0.18 and returning to the top 50 altcoins by market cap, currently standing at $1.6 billion. Other notable gainers among the top 100 altcoins include STABLE, M, and NEXO. Despite these gains, the total crypto market cap has fallen back to $2.4 trillion.