Cryptocurrencies Price Prediction: PI, Bitcoin & Ethereum – European Wrap 16 September
|Pi Network Price Forecast: PI remains steady at $0.35 as market awaits Fed rate decision
Pi Network (PI) price is currently holding above $0.3500 level at press time on Tuesday, struggling to enforce a channel breakout rally. The technical outlook indicates that the PI token is standing at a crucial crossroads as the market sentiment ahead of the US Federal Open Market Committee (FOMC) meeting, which will decide on interest rate cuts on Wednesday, remains muted.
Bitcoin holds 115K, but can it break higher after tomorrow’s Fed rate decision?
Bitcoin is holding steady above 115k as the mood turns cautious ahead of the Federal Reserve interest rate decision tomorrow. Other major cryptocurrencies such as Ethereum, Solana, and XRP are also unchanged on the day. However, there are pockets of strength with Avalanche and Polkadot rising 2%. The total cryptocurrency market capitalization has risen 0.3% over the past 24 hours to $4.01 trillion.
Two AI tokens to watch as Ethereum Foundation debuts new AI team
The Ethereum Foundation has established a new Artificial Intelligence (AI) team, whose mission is to build the network as the preferred settlement and coordination layer for the emerging sector.
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