CRO, OKB, and PI Rebound as BTC Price Climbs Back From $107K Dip: Weekend Watch

Bitcoin’s adverse price movements continued during the early Saturday hours as the asset slumped to a new seven-week low of just over $107,000. Many altcoins continue with their sluggish performance, while CRO has resumed its recent run with another surge to well over $0.3. BTC Dipped to $107K It has been quite a painful period for the primary cryptocurrency, which intensified last ￰0￱ the time, the asset had calmed at $115,000 after suring past $117,000 on Friday evening. However, the bears took complete control of the market as the weekend was coming to an end and propelled a massive decline that drove BTC to a multi-week low of under $111,000.

Although bitcoin tried to recover some ground on Monday, its progress was quickly halted, and it dropped further, this time to a new low of $108,750. The bulls intervened once again and pushed BTC to just over $113,000 on Thursday. Nevertheless, that was another short-lived rally as the bears initiated another leg down that culminated earlier this morning when bitcoin nosedived to its lowest level since early July of $107,100. It has bounced off since then and currently trades above $108,500, but it’s still 1% down on the ￰1￱ market cap has dumped to $2.160 trillion on CG, while its dominance over the alts is fighting to remain above 56%.

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