Bitcoin Price Dumps to $64K as Altcoins Follow Suit

Bitcoin's (BTC) price surge to $65,000 has come to an end as it dropped by approximately $1,500 to under $64,000. This comes after a rejection at the $65,000 level.

The fall in Bitcoin's price was followed by several larger-cap altcoins, including Ethereum (ETH), which has dropped below $1,900, and XRP, just inches away from slipping below $1.00 for the first time since November 2024.

Ripple's native token, XRP, has dipped to a 21-month low at around $1.00, while Pi Network's (PI) native token has dropped below the $0.09 support after another near-5% daily crash.