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Cryptocurrencies Price Prediction: PI, Bitcoin & Crypto – European Wrap 18 August

Cryptocurrencies Price Prediction: PI, Bitcoin & Crypto – European Wrap 18 August
FXStreet TeamFXStreet TeamFXStreet

Pi Network Price Forecast: Pi risk losses ignoring second migration hints, Hackathon announcement

Pi Network (PI) edges lower by over 1% at press time on Monday, shifting from a consolidation phase. The downside risk escalates as PI forms a falling channel, ignoring the announcement of Pi Hackathon 2025 and a moderator hinting at a potential second migration event. 

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Bitcoin Price Forecast: BTC slips below $116,000 as markets eye US-Ukraine talks

Bitcoin (BTC) trades in red, slipping below $116,000 at the time of writing on Monday, after notching a record high of $124,474 the previous week. Fading optimism over a potential Federal Reserve (Fed) rate cut following mixed US macroeconomic data last week has weighed on risk sentiment. Meanwhile, investors are closely watching geopolitical developments, including Ukrainian President Volodymyr Zelenskyy’s meeting with US President Donald Trump later on Monday, for potential market cues.

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Crypto Today: Bitcoin, Ethereum, XRP risk further losses as liquidations cross $500 million

Bitcoin (BTC) advances the pullback phase below the $115,000 level to test a crucial dynamic support, the 50-day Exponential Moving Average (EMA), at press time on Monday. The pullback spreads amid broader market fear, resulting in liquidations of over $500 million in the last 24 hours. 

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