{"id":4665,"date":"2026-07-13T21:33:17","date_gmt":"2026-07-13T21:33:17","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=4665"},"modified":"2026-07-13T21:33:17","modified_gmt":"2026-07-13T21:33:17","slug":"bitcoin-slides-below-63k-as-pi-network-and-apx-lead-crypto-losses","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/07\/13\/bitcoin-slides-below-63k-as-pi-network-and-apx-lead-crypto-losses\/","title":{"rendered":"Bitcoin Slides Below $63K as Pi Network and APX Lead Crypto Losses"},"content":{"rendered":"\n
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Bitcoin retreated sharply on Monday as renewed geopolitical tensions rattled financial markets, while Pi Network and APX posted some of the steepest losses among major cryptocurrencies.<\/p>\n\n\n\n

After a relatively calm weekend, BTC came under pressure as investors reacted to the latest escalation in the Middle East. The flagship cryptocurrency briefly fell below $63,000 before recovering slightly.<\/p>\n\n\n\n

Bitcoin had bounced back strongly after dropping below $58,000 on July 1, quickly reclaiming the $60,000 level before climbing to around $64,000 by July 6. However, Strategy\u2019s latest and largest Bitcoin sale triggered a sharp selloff that pushed the asset down to roughly $61,200 within hours.<\/p>\n\n\n\n

Unlike previous selloffs, Bitcoin recovered quickly from the initial wave of fear, climbing to around $64,400 the following Tuesday. That recovery was short lived after renewed hostilities between the United States and Iran sparked another round of market weakness.<\/p>\n\n\n\n

BTC fell to approximately $61,600 before stabilizing and staging a modest recovery later in the week. The rally peaked on Saturday when Bitcoin reached a multi week high of about $64,600 and traded near $64,000 throughout most of the weekend.<\/p>\n\n\n\n

Fresh geopolitical concerns weighed on markets again on Monday, sending Bitcoin down to around $62,400. At the time of writing, the cryptocurrency had recovered to just above $63,000. Its market capitalization stood at roughly $1.265 trillion, while its share of the overall crypto market edged higher to 56.7%.<\/p>\n\n\n\n

Pi Network continued its prolonged decline, falling to another all time low of around $0.086. The token has now lost more than 97% of its value since reaching its peak last year.<\/p>\n\n\n\n

APX also suffered heavy losses, dropping more than 25% over the past day. On the other hand, BEAT surged about 20%, while DEXE extended its recent rally with another strong advance.<\/p>\n\n\n\n

Among the larger cryptocurrencies, Ethereum once again failed to break above the $1,800 level. BNB slipped back toward $570, while XRP briefly fell to around $1.07 before trimming some of its losses. DOGE, HYPE, RAIN, ZEC, and XLM also traded lower, whereas Solana and Monero posted only modest gains.<\/p>\n\n\n\n

The broader cryptocurrency market lost more than $20 billion in value over the past 24 hours, bringing the total market capitalization below $2.24 trillion.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin retreated sharply on Monday as renewed geopolitical tensions rattled financial markets, while Pi Network and APX posted some of the steepest losses among major cryptocurrencies....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4665","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=4665"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4665\/revisions"}],"predecessor-version":[{"id":4667,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4665\/revisions\/4667"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=4665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=4665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=4665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}