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Cryptocurrencies Price Prediction: PI, Bitcoin & CEX – European Wrap 13 October

Cryptocurrencies Price Prediction: PI, Bitcoin & CEX – European Wrap 13 October
FXStreet TeamFXStreet TeamFXStreet

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.

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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.

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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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FXStreet Team

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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Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

The biggest story this week was Tuesday’s US midterm elections, which saw Democrats win control of both the House and the Senate in a clear blue wave. This political shift in the US has triggered sharp price swings across the cryptocurrency market.

Ripple nears oversold territory as traders eye buying opportunities

Ripple nears oversold territory as traders eye buying opportunities

Ripple remains structurally capped near $1.20 after selling pressure wiped out the early-week rise to $1.34, driven by the US midterm elections. Market participants exhibited regulatory concerns ahead of the Democrats taking control of Congress in January, with many repositioning and adjusting their portfolios.

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin is down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. A sharp sell-off in US technology stocks reversed Bitcoin’s post-election rally on Thursday, triggering a wave of liquidations across the market and intensifying bearish pressure.

Post-US midterm elections market sell-off weighs on PI

Post-US midterm elections market sell-off weighs on PI

Pi Network (PI) continues to attract sellers, as the post-US midterm results triggered a sell-off in the US tech stock market and also wiped out over $1 billion from the crypto market.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.