{"id":51462,"date":"2025-03-12T10:10:48","date_gmt":"2025-03-12T10:10:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=51462"},"modified":"2025-03-12T10:10:48","modified_gmt":"2025-03-12T10:10:48","slug":"bitcoin-btc-spikes-above-82k-pi-network-pi-explodes-by-20-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=51462","title":{"rendered":"Bitcoin (BTC) Spikes Above $82K, Pi Network (PI) Explodes by 20% (Market Watch)"},"content":{"rendered":"

The cryptocurrency market has finally <\/span>taken a breath of<\/span> fresh air after being on an evident downtrend lately. In the past 24 hours, Bitcoin (BTC) briefly pumped to almost $84,000 before settling at just north of $82,000.<\/span><\/p>\n

Most leading altcoins are also <\/span>well<\/span> in the green, with Pi Network (PI) taking center stage and witnessing a 20% price increase.<\/span><\/p>\n

BTC Enters Green Territory Again<\/span><\/h2>\n

The last several days have been quite turbulent for the primary cryptocurrency. Its price reached almost $95,00 at the beginning of March after US President Donald Trump announced<\/a> that his administration is working on establishing a strategic BTC reserve.\u00a0<\/span><\/p>\n

On March 4, though, the valuation tanked below $83,000 after the global trade war initiated by America\u2019s political leader escalated. The bulls reacted quickly, pushing the price to as high as $92,300 on March 6, but the peak was short-lived.<\/span><\/p>\n

The crypto market endured another collapse on March 11, with BTC sinking<\/a> below $77,000 for the first time since November 2024. The last 24 hours have brought some relief to the asset\u2019s proponents as the price briefly spiked to nearly $84,000. As of this writing, BTC is worth roughly $82,300 (per CoinGecko\u2019s data).
\n<\/span><\/p>\n

<\/a>BTC Price, Source: CoinGecko<\/p>\n

Its market capitalization has surged past $1.6 trillion, while its dominance against the alternative coins remains unchanged at around 58.9%.\u00a0<\/span><\/p>\n

PI Leads the Altcoin Charge<\/span><\/h2>\n

The alternative coins have followed BTC\u2019s resurgence, and some <\/span>of them<\/span> have even charted more substantial price spikes than the leader. Dogecoin (DOGE), Ripple (XRP), and<\/span> Shiba Inu (SHIB) are among the notable gainers.\u00a0<\/span><\/p>\n

However, Pi Network\u2019s native token \u2013 PI \u2013 outshined them all. Its valuation has <\/span>exploded<\/span><\/a> by over 20% in the last 24 hours amid speculations that Binance might become the next crypto behemoth to list the token.<\/span><\/p>\n

Meanwhile, Tron (TRX) and MANTRA (OM) are among the very few top 100 cryptocurrencies whose prices have headed south for the day.<\/span><\/p>\n

The <\/span>total market capitalization of the sector<\/span> currently stands at roughly $2.765 trillion, representing a 1% rise on a 24-hour scale.<\/span><\/p>\n

<\/a>Crypto Heatmap, Source: QuantifyCrypto<\/p>\n

\u00a0<\/span><\/p>\n

The post Bitcoin (BTC) Spikes Above $82K, Pi Network (PI) Explodes by 20% (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The cryptocurrency market has finally taken a breath of fresh air after being on an evident downtrend lately. In the past 24 hours, Bitcoin (BTC) briefly pumped to almost $84,000 before settling at just north of $82,000. Most leading altcoins are also well in the green, with Pi Network (PI) taking center stage and witnessing […]<\/p>\n","protected":false},"author":0,"featured_media":51463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51462"}],"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=51462"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51463"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}