{"id":56983,"date":"2025-04-05T08:18:18","date_gmt":"2025-04-05T08:18:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56983"},"modified":"2025-04-05T08:18:18","modified_gmt":"2025-04-05T08:18:18","slug":"pi-token-finally-rebounds-as-bitcoin-btc-calms-at-83k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56983","title":{"rendered":"PI Token Finally Rebounds as Bitcoin (BTC) Calms at $83K (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s price actions went through a highly volatile period in the past several days due to the escalation of Trump\u2019s\u00a0 Trade War, but has managed to calm now at around $83,500.<\/p>\n

Many altcoins experienced similar volatility lately. Now, though, PI has finally bounced off while TON has plunged hard.<\/p>\n

BTC Stabilizes at $83.5K<\/h2>\n

It was a wild week<\/a> in terms of price actions for the primary cryptocurrency, mostly influenced by global economic developments. It started with a price slump to $81,200, but the asset reacted well and jumped almost immediately.<\/p>\n

The peak came on Wednesday after reports that Elon Musk would leave<\/a> President Trump\u2019s inner circle, and bitcoin skyrocketed to over $88,000. However, then came the so-called \u2018Liberation Day\u2019, and the latest tariffs imposed by the POTUS resulted in an immediate price slump of over six grand.<\/p>\n

More volatility ensued by the end of the weekend as other countries responded similarly. BTC was stopped at $85,000 on a couple of occasions, while the $81,000 support held its price from breaking further below.<\/p>\n

As of now, the cryptocurrency trades at around $83,500. Its market capitalization remains still at $1.660 trillion, while its dominance<\/a> over the alts has declined slightly to just under 60% on CG.<\/p>\n

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

PI on the Rebound<\/h2>\n

After weeks and weeks of continuous price declines, Pi Network\u2019s native token has finally bounced off in the past 24 hours. The asset, which marked an all-time low<\/a> yesterday, is up by 9% now and sits at $0.6. Still, its performance on a monthly scale is quite underwhelming as it\u2019s down by 69%.<\/p>\n

OKB is the other notable gainer from the larger-cap alts, having surged by a similar percentage to over $51. In contrast, TON has plunged the most (-7%), followed by LEO and ICP. SOL, XRP, and DOGE are with minor gains, while BNB, ADA, and TRX are with insignificant losses over the past 24 hours.<\/p>\n

The total crypto market cap has added around $60 billion since yesterday\u2019s low and is up to $2.780 trillion on CG.<\/p>\n

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

The post PI Token Finally Rebounds as Bitcoin (BTC) Calms at $83K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price actions went through a highly volatile period in the past several days due to the escalation of Trump\u2019s\u00a0 Trade War, but has managed to calm now at around $83,500. Many altcoins experienced similar volatility lately. Now, though, PI has finally bounced off while TON has plunged hard. BTC Stabilizes at $83.5K It was […]<\/p>\n","protected":false},"author":0,"featured_media":56984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56983","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\/56983"}],"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=56983"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56984"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}