Cryptocurrencies Price Prediction: PI, Bitcoin & Crypto – European Wrap 11 August

FXStreet Team FXStreet

Pi Network Price Forecast: PI token tests $0.40 as whales buy the dip

Pi Network (PI) edges higher by 3% at press time on Monday, holding above the $0.4000 level price broke from a bullish pattern breakout on Friday. Betting heavily on a bullish recovery, large wallet investors — popularly known as whales — buy in large quantities.

Still, the technical outlook remains mixed as bullish momentum appears to be cooling down.

Crypto Today: Bitcoin, XRP bulls push for record high breakout, Ethereum consolidates gains

Bitcoin (BTC) edges higher, trading at around $121,259 on Monday, reflecting bullish sentiment in the wider cryptocurrency market. The recovery seen last week mirrored the increase in speculative demand, following the sell-off to support at around $112,000 on August 2.

One kidnapping a week: Crypto holders face rising threats

Crypto owners worldwide are increasingly targeted in violent crimes, with at least one kidnapping reported every week.

SatoshiLabs founder Alena Vranova warns that physical attacks against crypto holders—such as kidnappings, extortion, and torture—are now happening at least once a week. She stressed that wealth is not the only factor, as even people holding around $6,000 in crypto have been abducted, and some victims have died over sums of about $50,000.

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FXStreet Team

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