Market Watch: BTC Stalls at $70K, Prompting Fall in XRP, PI, and DOGE

Bitcoin's rally was halted over the weekend when it reached just over $70,000, subsequently falling to $68,000 where it found support. This impacted most altcoins negatively, including ETH which dropped below $2,000, and XRP which fell under $1.50. Dogecoin was one of the worst performers in the last 24 hours. Bitcoin experienced significant volatility at the start of the month, primarily downward, hitting a 15-month low of $60,000. It bounced back to $72,000, but then began trading sideways between $72,000 and $68,000, eventually slipping to under $66,000. The bulls then stepped in, preventing a further downturn and pushing Bitcoin above $70,000 over the weekend before it fell back to $68,000. The total crypto market cap has lost $70 billion in a day.