{"id":206327,"date":"2026-07-30T08:06:57","date_gmt":"2026-07-30T08:06:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=206327"},"modified":"2026-07-30T08:06:57","modified_gmt":"2026-07-30T08:06:57","slug":"pi-networks-pi-extends-recovery-as-bitcoin-btc-settles-after-fomc-meeting-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=206327","title":{"rendered":"Pi Network\u2019s PI Extends Recovery as Bitcoin (BTC) Settles After FOMC Meeting: Market Watch"},"content":{"rendered":"

The highly anticipated FOMC meeting yesterday didn\u2019t bring any surprises despite some expectations of a rate hike, and bitcoin\u2019s price has calmed at around $64,000 after the recent volatility.<\/p>\n

Most larger-cap alts have posted minor losses over the past 24 hours, led by HYPE\u2019s 3% drop to under $54. In contrast, UNI has pumped to $4.<\/p>\n

BTC Settles<\/h2>\n

Bitcoin rallied hard last week, going from under $64,000 to a monthly peak of $67,000. That resistance, though, turned out to be too strong given the current lack of substantial bullish catalysts, and the asset fell to $64,600 within a day or so, and dipped by another grand on Friday.<\/p>\n

The bulls didn\u2019t allow another breakdown, as BTC remained at around $64,000 during the weekend. It climbed to $64,500 on Sunday and jumped<\/a> by another $1,000 on Monday as the markets priced in the de-escalation news on the Middle East war from that weekend.<\/p>\n

Nevertheless, bitcoin was almost instantly rejected again, and the subsequent dip pushed<\/a> it to under $62,800 on Tuesday ahead of the FOMC meeting in what appeared to be a de-risking move from investors. In the hours before and after the event, in which the Fed maintained<\/a> interest rates at 3.50%-3.75%, BTC experienced some volatility, which included a rise to $64,600 and a dip to $63,200.<\/p>\n

It has remained in the middle of this range since then, currently trading inches below $64,000. Its market cap is down to $1.280 trillion on CG, while its dominance over the alts has dropped to 56.3%.<\/p>\n

<\/a>BTCUSD July 30. Source: TradingView<\/p>\n

US Enters Top 100, PI Keeps Pumping<\/h2>\n

Pi Network\u2019s native token was among the top performers yesterday and has doubled down in the past 24 hours. PI has reclaimed<\/a> the $0.08 resistance (now support) after another 6% rally as the team behind the project announced when the next protocol update should be deployed.<\/p>\n

Talus (US) has skyrocketed by 20% daily and 600% monthly and is now within the top 100 alts by market cap. The larger-cap alts are a lot calmer, with UNI and BEAT posting 4-5% gains.<\/p>\n

In contrast, HYPE has dropped by 3% to under $54, DOGE is down by over 1%, while ETH, XRP, SOL, and RAIN have slipped by up to 1%.<\/p>\n

<\/a>Cryptocurrency Market Overview July 30. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Pi Network\u2019s PI Extends Recovery as Bitcoin (BTC) Settles After FOMC Meeting: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The highly anticipated FOMC meeting yesterday didn\u2019t bring any surprises despite some expectations of a rate hike, and bitcoin\u2019s price has calmed at around $64,000 after the recent volatility. Most larger-cap alts have posted minor losses over the past 24 hours, led by HYPE\u2019s 3% drop to under $54. In contrast, UNI has pumped to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-206327","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/206327"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=206327"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/206327\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=206327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=206327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=206327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}