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Cryptocurrencies Price Prediction: Bitcoin, Pi Network & Cryptos – American Wrap 31 October

Bitcoin climbs back up $115,000, marks whale accumulation resumes and trade tensions easing

The latest Bitcoin recovery has reignited institutional demand amid a stabilizing macro backdrop, supported by accelerating whale accumulation and renewed trade optimism. The rebound above $115,000 marks the beginning of a potential new price discovery phase following one of the most aggressive deleveraging periods in recent crypto history.

 

Bitcoin whitepaper 17th anniversary: From cypherpunk vision to global financial asset

The Bitcoin (BTC) whitepaper, published by the pseudonymous Satoshi Nakamoto, marks its 17th anniversary on Friday. A decentralized peer-to-peer electronic cash system that has evolved into an institutional-grade asset class has reached a value of over $2 trillion and has been embraced by institutions, corporations, and sovereign entities. The largest cryptocurrency by market capitalization rose to $126,000 in its 17th year, underscoring its transformation into a mainstream financial asset.

Pi Network Price Forecast: Whale demand fails to absorb incoming supply

Pi Network (PI) price is down 2.5% at press time on Friday, extending the 3% loss from the previous day. The recovery from earlier this week failed to surpass the 50-day Exponential Moving Average (EMA) despite a rise in Centralized Exchanges (CEXs) outflows. 

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Crypto Overview: Bitcoin stabilizes above $65,000, as Zcash and Worldcoin lead broader recovery

Bitcoin shows signs of recovery, trading above $65,000 on Monday, as the broader crypto market rebounds, fueled by improving sentiment following the United States (US) and Iran's confirmation of a preliminary peace agreement.

Crypto Today: Bitcoin, Ethereum, XRP recovery gathers strength as US-Iran reach peace agreement

Cryptocurrency prices remain broadly elevated on Monday, led by Bitcoin’s upswing toward $66,000. Altcoins, including Ethereum and Ripple, mirror Bitcoin’s momentum, trading above $1,700 and $1.18.

Bitcoin extends rebound as US and Iran reach framework deal to end the war

Bitcoin steadies above $65,700 at the time of writing on Monday, after recovering nearly 4% in the previous week. BTC recovery was boosted following Sunday’s news that the US and Iran have reached a preliminary peace deal, lifting the risk appetite.

Pi Network Price Forecast: Launchpad upgrades, fading bearish pressure lift recovery prospects

Pi Network (PI) began the week on a positive note, trading above $0.1340 on Monday after posting a mild recovery and closing above a key resistance in the previous week.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.