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Bitcoin dips below $64K as altcoins fall; LINK and WLFI gain amid market downturn

Market News
16 Aug 2026
Bitcoin
View Source
Bearish
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Bitcoin dropped from over $65,000 to just above $63,200 last week, influenced by Strategy's sale of 1,690 BTC. This decline led to a broader market pullback, with major altcoins like ADA and XRP also falling significantly. However, some tokens like Chainlink (LINK) and World Liberty Financial (WLFI) posted double-digit gains, buoyed by positive forecasts and buying interest. Overall, the crypto market cap fell from nearly $3 trillion to $2.22 trillion, reflecting a cautious market sentiment amid mixed news and ongoing volatility.

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