Pi Network’s PI Remains Above Key Resistance, Bitcoin (BTC) Fails at $80K: Market Watch

Bitcoin tried to take down the coveted $80,000 level once again on Monday morning but was denied once again, dipping below $79,000 before it found some support. Ethereum remains inches away from $2,500, while XRP fights for the $1.40 support.

LINK, TAO, MNT, ICP, and WLD have marked major gains from the larger caps. BTC Fails at $80K The primary cryptocurrency’s attempts to surge past $80,000 and $81,000 have been halted every time, starting from the middle of the last full week of August.

At the time, it tried twice, only to be pushed south to under $77,000 on Friday after the hawkish speech by Kevin Warsh.

Nevertheless, it rebounded over the previous weekend and tapped $79,000 last Sunday before the resumed strikes in the Middle East resulted in another leg down to $77,000. The selling pressure built on in the following days, and BTC slipped to $76,400 on September 2/3.