{"id":52349,"date":"2025-03-17T10:19:40","date_gmt":"2025-03-17T10:19:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=52349"},"modified":"2025-03-17T10:19:40","modified_gmt":"2025-03-17T10:19:40","slug":"pi-network-pi-sees-10-daily-drop-bitcoin-btc-volatile-at-84k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=52349","title":{"rendered":"Pi Network (PI) Sees 10% Daily Drop, Bitcoin (BTC) Volatile at $84K (Market Watch)"},"content":{"rendered":"

The relatively calm weekend was disrupted yesterday with substantial volatility around the $84,000 mark after some large short positions opened on Hyperliquid.<\/p>\n

Most altcoins are on a slight retracement today, while BNB has jumped by over 6%. PI, on the other hand, has dumped by almost 10%.<\/p>\n

BTC Volatile at $84K<\/h2>\n

The previous business week went in a highly fluctuating manner, and it all started on Monday with a price slump from $86,000 to $80,000. After a brief recovery to $84,000, BTC headed straight south<\/a> again on Tuesday and plunged to a four-month low of under $77,000.<\/p>\n

Following this $9,000 decline in less than two days, BTC finally reacted positively and quickly reclaimed the $80,000 line. It kept climbing in the following days, especially after the positive US CPI data for February, and jumped above $85,000 on Wednesday.<\/p>\n

However, that was another short-lived rally, and the momentum couldn\u2019t be maintained. A drop to $80,000 followed, but BTC managed to defend that level and jumped to $84,000 over the weekend<\/a>. Most of it was spent there, aside from a brief spike to $85,000 and a subsequent plunge to $82,000 after a trader opened a $366 million short on Hyperliquid.<\/p>\n

As of now, BTC stands just under $84,000, with a market cap of $1.655 trillion on CG. Its dominance over the alts is at 58.6%.<\/p>\n

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

BNB Up, PI Down<\/h2>\n

The biggest gainer from the larger-cap alts today is Binance Coin, which has jumped by over 5%. As a result, the asset now trades well above $630. In contrast, most other alts from this cohort are in the red.<\/p>\n

ETH, XRP, ADA, and TRX are down by up to 1%, while SOL has plunged by over 3.5%. PI is the biggest loser, on the other hand, dumping by 10% to under $1.35.<\/p>\n

More volatility comes from OKB and MNT, which have pumped by 5-6%, while TRUMP is down by 3%.<\/p>\n

The total crypto market cap has declined by over $20 billion since yesterday and is well below $2.830 trillion on CG.<\/p>\n

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

The post Pi Network (PI) Sees 10% Daily Drop, Bitcoin (BTC) Volatile at $84K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The relatively calm weekend was disrupted yesterday with substantial volatility around the $84,000 mark after some large short positions opened on Hyperliquid. Most altcoins are on a slight retracement today, while BNB has jumped by over 6%. PI, on the other hand, has dumped by almost 10%. BTC Volatile at $84K The previous business week […]<\/p>\n","protected":false},"author":0,"featured_media":52350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52349","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\/52349"}],"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=52349"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/52349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/52350"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}