Bitcoin’s price faced another rejection following the renewed strikes in the Middle East and Trump’s latest statement, going from over $64,000 to under $62,000 in hours.
Most altcoins have joined the ride south, with ETH sliding below $1,750, while XRP has dropped beneath $1.10. PI has marked another all-time low.
The start of July has been a mini rollercoaster for the primary cryptocurrency. It dipped below $58,000 on July 1 for the first time in nearly two years, but began its gradual recovery immediately and surged to over $63,000 over the weekend. After a minor retracement there, it jumped to $64,000 on Monday morning for the first time in two weeks.
However, Strategy’s new and much bigger BTC sale drove it south again, as the asset dumped to $61,200 in a FUD-induced move. While many expected another leg down, bitcoin went in the opposite direction and jumped past $64,600 within hours. This was another short-lived rally, though, and it slipped to $62,600 yesterday.
Another leg up followed, driving the cryptocurrency to $64,200, where it was rejected again after the US and Iran launched new strikes against each other. The landscape worsened hours ago after Trump said he believes the MoU with Iran is ‘over.’ BTC dumped further, dropping below $62,000 for the second time this week.
Its market cap has retreated to $1.240 trillion, while its dominance over the alts remains at 56.6% on CG.
Pi Network’s native token continues to be among the poorest performers during this cycle. It keeps dropping to new all-time lows, and it hit a new one earlier today. Despite the new updates from the team, PI plummeted by over 8% and crashed to $0.101 (on CoinGecko) to set a new low. It’s down by over 96.5% since its ATH in February 2025.
LAB has dumped the most over the past 24 hours. The token has lost over 80% of its value and now struggles below $2.30. PUMP, BEAT, and JUMP complete the double-digit losers club today.
Ethereum and Binance Coin have lost over 2% of value, while XRP, SOL, HYPE, and DOGE are down by 4-5%. XLM, NEAR, ADA, and CC have dropped by more than 5% daily. ZEC is among the few exceptions in the green now after the recent update from founder Zooko Wilcox-O’Hearn.
The total crypto market cap has shed $50 billion in a day and is below $2.2 trillion
小靓分析：
🦊 小靓解读
Pi Network 创新低，显示市场对新公链项目信心不足；BTC 在 $64K 遇阻回落，中东局势和 MicroStrategy 的 BTC 抛售消息是主要压力源。
📊 市场影响
短期 BTC 或继续在 $58K–$64K 区间震荡，若跌破 $60K 可能测试前低；ETH 和 XRP 跟跌，山寨币整体承压，资金避险情绪上升。
💡 操作建议
建议观望为主，避免在 $64K 阻力位追多；可关注 BTC 回调至 $58K–$60K 的支撑强度，轻仓试多需设置严格止损。
风险提示：
该资讯来源于公开渠道，仅供参考。Traceless 无痕智盈平台不对此信息准确性做任何保证。