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

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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Bitcoin dips below $80K after strong US jobs data boosts Fed rate hike bets

Bitcoin dips below $80K after strong US jobs data boosts Fed rate hike bets

Bitcoin price fell below $80,000 following stronger-than-expected US employment data that increased expectations for a Federal Reserve rate hike. The US added 162,000 jobs in August, keeping unemployment steady at 4.1%, which raised the probability o...

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Bitcoin dips nearly 3% after strong US jobs report, faces resistance near $82k.

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Bitcoin dropped nearly 3% from $81,340 to $78,915 following a stronger-than-expected US jobs report, which reduced chances of a Federal Reserve rate cut and increased the likelihood of a rate hike. Despite this pullback, Bitcoin has shown upward mome...

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Dash jumps 33.6% amid mixed crypto market as Bitcoin dips below $80K

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Bitcoin price cycles show smaller crashes and gains, but the overall pattern remains consistent.

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Bitcoin's price continues to follow its historical cycle pattern, with drawdowns becoming shallower and rallies smaller over time. Despite recurring claims that "this time is different," new buyers and institutional adoption have yet to break the lon...

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Bitcoin drops below $80K after U.S. jobs surge complicates Fed rate outlook.

Bitcoin drops below $80K after U.S. jobs surge complicates Fed rate outlook.

Bitcoin fell below $80,000 following a stronger-than-expected U.S. jobs report showing 162,000 new jobs in August, far exceeding forecasts. This unexpected data shifted Federal Reserve rate hike odds to an even 50/50, increasing market uncertainty ah...

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