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Pi Network’s PI Token Dumps 5% Despite Hype, BTC Returns to $60K: Market Watch


Pi Network’s PI Token Dumps 5% Despite Hype, BTC Returns to $60K: Market Watch

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Bitcoin dipped below $59,000 after a recent escalation in the Middle East but rebounded to about $60,000 at press time, underscoring geopolitical risk to crypto markets. Large-cap alts largely mirrored BTC and stayed sluggish over 24 hours with ETH near $1,600 and SOL up just over 2% to $73, signaling mixed market impact for token performance and DeFi/DEX traders.

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Bitcoin’s price dipped below $59,000 once again yesterday after the latest escalation in the Middle East war, but has managed to rebound to $60,000 as of press time.

Most larger-cap alts mimicked BTC’s performance but have remained sluggish on a 24-hour scale, with ETH close to $1,600. SOL has jumped by over 2% and sits at $73.

Read the article at CryptoPotato

In This News

Coins

$ 62.66K

-2.04%

$ 1.78K

-1.50%

$ 75.94

-1.00%

$ 75.89

-1.46%

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In This News

Coins

$ 62.66K

-2.04%

$ 1.78K

-1.50%

$ 75.94

-1.00%

$ 75.89

-1.46%

Predictions Markets

See what traders are focused on

View analytics →
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