{"id":846594,"date":"2025-05-07T23:12:01","date_gmt":"2025-05-08T04:12:01","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/07\/pi-token-finally-rebounds-as-bitcoin-btc-calms-at-83k-weekend-watch\/"},"modified":"2025-05-07T23:12:01","modified_gmt":"2025-05-08T04:12:01","slug":"pi-token-finally-rebounds-as-bitcoin-btc-calms-at-83k-weekend-watch","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/07\/pi-token-finally-rebounds-as-bitcoin-btc-calms-at-83k-weekend-watch\/","title":{"rendered":"PI Token Finally Rebounds as Bitcoin (BTC) Calms at $83K (Weekend Watch)"},"content":{"rendered":"

Bitcoins <\/p>\n

\n
\n
\n
\n

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

Bitcoins 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

\"bitcoins<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

Bitcoins 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

\"bitcoins<\/a>
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n
\n
SPECIAL OFFER (Sponsored)<\/span><\/center><\/p>\n

Binance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n

Cryptocurrency charts<\/a>\u00a0by TradingView.\n<\/p>\n<\/div><\/div>\n

<\/div>\n<\/section>\n

Zonia Kazmierczak Read More<\/a><\/p>\n","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":1,"featured_media":846595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[848,22591],"tags":[11476],"class_list":{"0":"post-846594","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finally","8":"category-token","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=846594"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/846595"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=846594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=846594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=846594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}