By CryptoPotato | Created at 2026-08-06 12:03:56 | Updated at 2026-08-06 15:08:23
5 hours ago
PI is by far today's top performer followed by BDX and GT.
Bitcoin’s slow and gradual price revival took it to $65,000 for the first time since Friday a few hours ago, but the asset still has yet to overcome that level for good.
Most larger-cap alts have produced minor moves as well over the past 24 hours, with ETH climbing above $1,900, while XRP continues to underperform.
Bitcoin Price Eyes $65K
Bitcoin tried to take down the $65,000 mark on several occasions during the previous business week. Its strongest attempts were last Monday when it was halted at $65,600 twice. After a major slump, it went at it again on Friday, but this time it was stopped even earlier, at $65,400.
Another painful leg down followed, which drove it to $62,400 within the same day and down to a monthly low of $62,200 on Saturday. US President Trump’s announcement of canceled strikes against Iran on Sunday morning resulted in a rebound attempt that was stopped at $63,800 on Monday morning.
BTC fell quickly to the same $62,200 level before the bulls stepped up. They were more persistent this time and helped BTC climb above $63,000 and even $64,000 within a day or so. The cryptocurrency has been fighting for the latter for 24-36 hours, but it has seemingly reclaimed that level as of now. Moreover, it tapped $65,000 earlier this morning, but it was halted there and now sits inches below it.
Its market cap has touched $1.3 trillion, while its dominance over the alts remains inches below 57% on CG.
BTCUSD Aug 6. Source: TradingViewPI Steals the Alt Show
Ethereum has risen the most from the larger-cap alts, spiking above $1,900 after a 2.2% daily increase. In contrast, most others are in the red, including minor losses from BNB, XRP, SOL, TRX, and DOGE. Yesterday’s top performers, HYPE and ZEC, are down by over 2% daily. CC has plunged by more than 7%.
Meanwhile, Pi Network’s native token has emerged as today’s top gainer. It exploded by 15% at one point to a 3-week peak before it was stopped. Nevertheless, it still trades above $0.09. GT and BDX follow suit in terms of daily gains.
The total crypto market cap has increased by approximately $40 billion and now sits at $2.3 trillion on CG.
Cryptocurrency Market Overview August 6. Source: QuantifyCryptoDisclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
