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Pi Network’s PI Token Suffers Another Setback as Bitcoin (BTC) Calms at $78K: Weekend Watch
May 17, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato
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AI Overview
Bitcoin fell more than $4,000 from a Thursday evening peak of $82,000 to settle around $78,000 after hitting a multi‑week low yesterday, highlighting renewed crypto market volatility. Most large-cap altcoins remain sluggish on the daily timeframe while the two largest privacy coins posted strong rebounds, indicating selective sector strength amid broader altcoin weakness.
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After losing over $4,000 since the Thursday evening peak at $82,000, bitcoin has finally calmed at around $78,000 following yesterday’s multi-week low.
Most larger-cap alts are quite sluggish on a daily scale, aside from the two largest privacy coins, which have posted impressive rebounds.
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