Cryptocurrencies Price Prediction: PI, Bitcoin & Crypto – European Wrap 15 June

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. The recovery outlook strengthens after Pi Network’s official X account announced improvements to the Pi launchpad following feedback from more than 478,000 participants. Meanwhile, the technical outlook shows early signs of fading bearish momentum, suggesting a continuation of the recovery.

Bitcoin Price Forecast: BTC extends rebound as US and Iran reach framework deal to end the war

Bitcoin (BTC) 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. However, institutional demand continued to weaken, with spot Exchange Traded Funds (ETFs) recording the fifth consecutive week of outflows since mid-May. The Crypto King’s recovery could only be strengthened if institutional demand for BTC increases this week.

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 (BTC) upswing toward $66,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), mirror Bitcoin’s momentum, trading above $1,700 and $1.18, anchored by improving sentiment after the United States (US) and Iran agreed on a preliminary peace deal to end the war in the Middle East.