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Bitcoin retests $65,000 as Pi Network token jumps 15%

Bitcoin retests $65,000 as Pi Network token jumps 15%

BTC moved back above the closely watched $65,000 level, including 65,010.9 USDT on OKX, while Ether rose above $1,900 and total crypto market capitalization reached $2.3 trillion.

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Fact Check
The CryptoPotato article confirms BTC tapped $65,000, ETH rose above $1,900, PI Network surged 15%, and total crypto market cap reached $2.3T. Two independent sources (Odaily and PANews) citing OKX confirm the exact price point of 65,010.90 USDT with a 0.59% gain, matching the claim precisely. All principal elements are corroborated. Minor nuance: CryptoPotato notes BTC did not fully hold the $65,000 level, but the retest itself is confirmed.
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Summary

Bitcoin recovered to retest $65,000 for the first time since Friday and briefly traded at 65,010.9 USDT on OKX, though it was again described as struggling to hold a decisive break above that level. The move followed a rebound from Saturday's monthly low of $62,200 after repeated rejections near $65,600 and $65,400 last week. Bitcoin's market capitalization reached $1.3 trillion, while its share of the total crypto market remained just below 57% on CoinGecko. Among large-cap tokens, Ether led gains with a 2.2% daily rise to above $1,900, while BNB, XRP, SOL, TRX and DOGE posted small losses. Outside the majors, Pi Network's native token surged as much as 15% to a three-week high before easing but remained above $0.09. The broader crypto market added about $40 billion, taking total capitalization to $2.3 trillion.

Terms & Concepts
  • Bitcoin dominance: Bitcoin's share of the total cryptocurrency market capitalization.
  • Market capitalization: The total market value of a cryptocurrency, calculated from its price and circulating supply.
  • USDT: Tether, a U.S. dollar-pegged stablecoin commonly used as a trading pair on crypto exchanges.