Pi Network token rebounds as Bitcoin nears $78K

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Pi Network token rebounds as Bitcoin nears $78K
Pi Network token rebounds as Bitcoin nears $78K
Brie Carter
Written by Brie Carter
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The Pi Network token PI rose more than 5% to above $0.18 as Bitcoin hovered near $78,000 during a subdued but event-driven weekend session.

Bitcoin briefly climbed to around $78,200 after reports that Donald Trump was evacuated following gunshots at a White House event, before stabilising near the upper end of its recent range.

The broader crypto market added roughly $40 billion in value to approach a $2.7 trillion capitalisation, with gains led by smaller tokens despite muted movement in major assets.

Bitcoin’s price action followed a volatile week in which it dropped below $74,000 amid geopolitical tensions before rebounding to nearly $79,600 on ceasefire developments, then settling into a $77,000 to $78,500 consolidation range.

Among altcoins, STABLE led daily gains with a 7% rise, while tokens such as XMR and SKY advanced over 4%, contrasting with mild declines in larger assets including BNB and XRP.

Other major cryptocurrencies including ETH, TRX, and DOGE posted marginal gains, while SOL, BCH, and HYPE edged lower, signalling mixed sentiment across large-cap tokens.

Bitcoin’s market capitalisation remained near $1.56 trillion with dominance above 58%, underscoring its continued influence even as selective altcoin rallies, including PI’s recovery, draw short-term attention.

At the time of reporting, Pi Network price was $0.1799.

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