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>>Pi Network’s PI surges after a major listing, while Bitcoin (BTC) stays below $70,000: Market Watch

Pi Network’s PI surges after a major listing, while Bitcoin (BTC) stays below $70,000: Market Watch

crypthub

2 days ago

Bitcoin Price Action

Bitcoin fell below $71,000 after a volatile Middle‑East‑driven session and now trades just under $70,000. A bounce to $72,000 on Tuesday was undone by a decline to $69,000 following US CPI data. The coin’s market cap hovers just under $1.4 trillion and its dominance remains below 57 %.

Altcoin Landscape

Ethereum held its $2,000 support, while larger‑cap alts posted modest daily gains. HYPE surged 8 % to $37, becoming the top performer, and TAO and SKY also posted notable rises. Overall alt activity has been relatively subdued.

Pi Network Surge

Kraken announced PI trading effective March 13, triggering a near‑5 % daily gain and a peak around $0.24. PI is among the few assets with double‑digit weekly and monthly gains. The total crypto market cap sits just above $2.45 trillion.