{"id":340,"date":"2026-01-29T13:59:00","date_gmt":"2026-01-29T13:59:00","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=340"},"modified":"2026-01-29T13:59:00","modified_gmt":"2026-01-29T13:59:00","slug":"pi-networks-pi-hits-new-low-as-bitcoin-falls-below-88k-following-fomc-meeting","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/01\/29\/pi-networks-pi-hits-new-low-as-bitcoin-falls-below-88k-following-fomc-meeting\/","title":{"rendered":"Pi Network\u2019s Pi Hits New Low as Bitcoin Falls Below $88K Following FOMC Meeting"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"279\" data-id=\"341\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/01\/IMG_1283.jpeg\" alt=\"\" class=\"wp-image-341\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/01\/IMG_1283.jpeg 576w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/01\/IMG_1283-300x145.jpeg 300w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Bitcoin (BTC) initially held steady after the first FOMC meeting of the year but began losing value later, slipping below $88,000. Many major altcoins are also deep in the red on a daily basis. Ethereum has fallen below the $3,000 support level, while XRP dropped under $1.90. PUMP and ZEC have recorded the largest losses over the past 24 hours.<\/p>\n\n\n\n<p>BTC\u2019s decline began last Monday after stock and futures markets reopened following former President Trump\u2019s new tariff threats against several EU countries. After reaching over $95,000 that weekend, BTC fell to $92,000 on Monday and below $88,000 by Wednesday. Bulls managed a brief recovery above $91,000 on Friday, but the downward trend resumed, hitting $86,000 on Monday, the lowest level in over a month. It later rebounded to around $88,000-$89,000 and briefly reached $90,500 ahead of the FOMC meeting. Despite the Fed keeping rates steady, bearish pressure pushed BTC back below $88,000. Its market capitalization is now $1.75 trillion, with a dominance of 57.4 percent over altcoins.<\/p>\n\n\n\n<p>Altcoins also suffered losses. Ethereum dropped nearly $100 below $3,000, XRP fell under $1.90, and BNB fell below $900. SOL, DOGE, ADA, BCH, and SUI also experienced significant declines. HYPE and ZEC each lost 6-8 percent, MNT dropped 6.5 percent, and Pi Network\u2019s PI token reached a new all-time low. TRX was one of the few larger-cap altcoins with a small daily gain. The total crypto market capitalization fell by over $60 billion, dropping below $3.05 trillion.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) initially held steady after the first FOMC meeting of the year but began losing value later, slipping below $88,000. Many major altcoins are also&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-340","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=340"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/340\/revisions"}],"predecessor-version":[{"id":342,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/340\/revisions\/342"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}