Cro, OKB and Pi Rebound when BTC Price returns from $ 107K Dip: Weekend Watch

Cro, OKB and Pi Rebound when BTC Price returns from $ 107K Dip: Weekend Watch

The adverse movements of the price of Bitcoin continued during the early hours of Saturday, since the asset fell to a new minimum of seven weeks of just over $ 107,000.

Many Altcoins continue with their slow performance, while CRO has resumed its recent career with another increase of more than $ 0.3.

BTC went down to $ 107K

It has been a fairly painful period for primary cryptocurrency, which intensified last Sunday. At that time, the asset had calmed down at $ 115,000 after spending $ 117,000 on Friday night. However, the Bears took complete control of the market when the weekend was coming to an end and promoted a massive decline that led BTC to a minimum of several weeks of less than $ 111,000.

Although Bitcoin tried to recover some land on Monday, his progress stopped quickly and reduced more, this time to a new minimum of $ 108,750. The Bulls intervened once again and pushed BTC to just over $ 113,000 on Thursday.

However, that was another short -term rally, since the Bears began another leg that culminated this morning when Bitcoin lived at its lowest level since the beginning of July of $ 107,100.

It has been recovered since then and currently listed above $ 108,500, but it is still 1% less than the day. Its market capitalization has thrown at $ 2,160 billion on CG, while its dominance over the ALT is struggling to remain above 56%.

BTCUSD. Source: TrainingView

Cro back on the gas pedal

The largest winner of the week was, without a doubt, Cro de Cronos, who shot after great news of companies related to the current president of the United States. In just a few days, the asset went from approximately $ 0.15 to a peak of several years of $ 0.38. Yesterday he submerged below $ 0.3 during the recoil throughout the market, but has added more than 11% of the daily value and has returned to more than $ 0.32.

OKB is another recent Flyer Alto who has resumed its rally, and a daily bomb of 10% has taken it to almost $ 180. The native token of Pi Network has recovered some traction, and an increase of 6% has led it to $ 0.37.

The rest of the highest capitalization are quite slow on a daily scale, with small profits from ETH, BNB, Doge, Ada, Trx and Sui, while XRP, Sun, Link, Hype and XLM have insignificant losses.

The total capitalization of the encryption market has recovered some land since its minimum this morning and costs up to $ 3,850 billion in CG.

General description of the cryptocurrency market. Source: Quantifycrypto
General description of the cryptocurrency market. Source: Quantifycrypto
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Cryptocurrency graphics by tradingView.

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