{"id":40695,"date":"2026-04-19T07:23:47","date_gmt":"2026-04-19T07:23:47","guid":{"rendered":"https:\/\/cryptd.in\/pi-networks-pi-token-tanks-hard-bitcoin-drops-3k-from-local-peak-weekend-watch\/"},"modified":"2026-04-19T07:23:47","modified_gmt":"2026-04-19T07:23:47","slug":"pi-networks-pi-token-tanks-hard-bitcoin-drops-3k-from-local-peak-weekend-watch","status":"publish","type":"post","link":"https:\/\/cryptd.in\/nl\/pi-networks-pi-token-tanks-hard-bitcoin-drops-3k-from-local-peak-weekend-watch\/","title":{"rendered":"Pi Network\u2019s PI Token Tanks Hard, Bitcoin Drops $3K From Local Peak: Weekend Watch"},"content":{"rendered":"

Bitcoin\u2019s rejection at $78,400 continues to haunt the asset as it just dipped toward $75,000 following the latest tension escalation on the Middle East war front.<\/p>\n

Most altcoins have followed suit, as the total crypto market cap has erased roughly $100 billion since the Friday high.<\/p>\n

BTC Drops Toward $75K<\/h2>\n

The primary cryptocurrency dipped from $73,600 to under $70,500 last weekend after the first peace talks between the US and Iran failed. However, it went on an impressive run by Tuesday evening when it surged to just over $76,000 as reports emerged that the two sides had actually made some progress on finding a more permanent solution.<\/p>\n

BTC remained sideways between $73,200 and $75,500 for the next few days before the bulls took complete control of the market and drove it to $78,400 on Friday. This substantial rally to a 10-week high<\/a> came after Iran\u2019s foreign minister announced that the country had reopened<\/a> the Strait of Hormuz.<\/p>\n

Trump later thanked him and made several other claims that appeared as if the US had the upper hand in the negotiations. However, Iran denied<\/a> all seven of them, and seemingly closed<\/a> the Strait on Saturday, which resulted in a price rejection and a subsequent correction. As of now, bitcoin trades more than $3,000 south from its local peak, and more volatility is expected later today when the legacy financial markets start to open.<\/p>\n

For now, BTC\u2019s market cap has slipped toward $1.5 trillion on CG, while its dominance over the alts is up to 57.5%.<\/p>\n

\"BTCUSD<\/a>
BTCUSD April 19. Source: TradingView<\/figcaption><\/figure>\n

Alts in Red<\/h2>\n

Most altcoins have mimicked BTC\u2019s performance over the past day, with losses dominating the charts. Ethereum has dipped toward $2,300 after a 3.5% daily decline, XRP is below the $1.43 resistance, and BNB is back to $620 after similar price drops. SOL, HYPE, ADA, DOGE, LINK, CC, ZEC, and AVAX are also well in the red.<\/p>\n

AAVE has dumped<\/a> the most from the top 100 alts following the KelpDAO hack, plunging by over 20% to $92 as of now. M is down by 18% to $3.50, followed by PUMP and WLD. Pi Network\u2019s native token was rejected<\/a> at $0.185 yesterday and now struggles below $0.175 after another substantial decline of over 8%.<\/p>\n

The total crypto market cap is down by $100 billion since Friday and now sits at $2.620 trillion on CG.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Daily April 19. Source: QuantifyCrypto<\/figcaption><\/figure>\n

\u00a0<\/p>\n

De post Pi Network\u2019s PI Token Tanks Hard, Bitcoin Drops $3K From Local Peak: Weekend Watch<\/a> verscheen eerst op CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s rejection at $78,400 continues to haunt the asset as it just dipped toward $75,000 following the latest tension escalation on the Middle East war front. Most altcoins have followed suit, as the total crypto market cap has erased roughly $100 billion since the Friday high. BTC Drops Toward $75K The primary cryptocurrency dipped from […]<\/p>\n","protected":false},"author":1,"featured_media":40697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nPi Network\u2019s PI Token Tanks Hard, Bitcoin Drops $3K From Local Peak: Weekend Watch - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/nl\/pi-networks-pi-token-tanks-hard-bitcoin-drops-3k-from-local-peak-weekend-watch\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network\u2019s PI Token Tanks Hard, Bitcoin Drops $3K From Local Peak: Weekend Watch - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s rejection at $78,400 continues to haunt the asset as it just dipped toward $75,000 following the latest tension escalation on the Middle East war front. 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