Pi Network’s native token, PI, emerged as the top performer in the crypto market over the past week, surging more than 40 percent. Other notable weekly gainers include STABLE and MORPHO, although their growth was far more modest.
Bitcoin, on the other hand, continues to show fragile price behavior around the $68,000 mark. The cryptocurrency dipped below that level several times in the past 24 hours, highlighting ongoing volatility. Ethereum has seen more stable movements, climbing slightly over two percent to trade above $2,000, while other large-cap altcoins such as XRP, BNB, DOGE, BCH, and CC experienced minor gains. TRX and HYPE posted small losses, and WLFI stole the spotlight among larger-cap alts with a 17 percent surge in the past day, reaching over $0.115.
Bitcoin’s recent price swings reflect a turbulent start to the month. The first trading week saw the asset plummet to $60,000 for the first time since October 2024, representing a dramatic $30,000 drop in just over a week. Bulls intervened at this level, helping Bitcoin recover $12,000 in a single day. However, resistance at $72,000 quickly emerged, leaving BTC to trade between $68,000 and $72,000 for several days.
Although it briefly lost support a week ago, Bitcoin reclaimed it and climbed above $70,000 over the weekend. That rally proved short-lived, and BTC fell back under $70,000 the following day. Yesterday, the asset dipped below $67,000 after another rejection but has since returned above $68,000, holding roughly the same level as 24 hours earlier. Bitcoin’s market capitalization remains steady at $1.365 trillion according to CoinGecko, while its dominance over altcoins has declined slightly to 56.2 percent.
Pi Network’s impressive weekly gains reflect strong market interest despite broader market fluctuations. After hitting a fresh all-time low of $0.1312, PI has recovered to around $0.19, posting an additional six percent increase in the past 24 hours.
The total crypto market capitalization added more than $25 billion in a single day, rising to $2.430 trillion, signaling renewed momentum across the sector despite Bitcoin’s uneven performance.
