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Bitcoin fails to hold $80K, recovers near $79K as altcoins show mixed gains

Market News
07 Sep 2026
Blockonomi
View Source
Neutral
Bitcoin fails to hold $80K, recovers near $79K as altcoins show mixed gains

Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TAO up 14%. Pi Network's token held above $0.09 and tested resistance near $0.095, signaling cautious optimism. The market remains volatile with Bitcoin struggling to sustain gains above $80,000, reflecting mixed investor sentiment and selective altcoin strength.

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