Cryptocurrencies Price Prediction: PI, Bitcoin & CEX – European Wrap 13 October
|Pi Network Price Forecast: PI extends recovery amid increasing bearish pressure
Pi Network (PI) edges higher by 4% at press time on Monday, extending its recovery for the third consecutive day after bouncing off the $0.2000 psychological level. Despite the short-term recovery, PI remains at risk of extended correction as outflows from the Pi Network Foundation wallet and liquidity reserve threaten further supply pressure.
BTC/USD outlook: Bitcoin regains ground and reverses more than a half of the latest sharp fall
BTCUSD kept firm tone on Monday and attempts to extend recovery from new 3 ½ month low (102880) hit after the biggest drop in 2025 on Friday and Saturday, when bitcoin lost near 10% of its value.
Announcement of President Trump’s plan to raise tariffs on Chinese goods by 100% sparked a sharp sell-off, as bitcoin did not act as digital safe-haven asset, but was sold in risk aversion along with stocks.
Hyperliquid founder accuses CEXs of hiding user liquidation data
Jeff Yan, the founder of perpetual Decentralized Exchange (DEX) Hyperliquid, has accused Binance and other such centralized exchanges (CEXs) of concealing user liquidation data during the market crash on Friday. This shares a risk of potentially billions of liquidations swept under the carpet, keeping the market makers and traders in the dark.
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