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Cryptocurrencies Price Prediction: PI, Bitcoin & Crypto – European Wrap 4 May

Cryptocurrencies Price Prediction: PI, Bitcoin & Crypto – European Wrap 4 May
FXStreet TeamFXStreet TeamFXStreet

Pi Network Price Forecast: PI stabilizes on reduced selling pressure amid mainnet upgrades

Pi Network (PI) hovers above $0.1700 at press time on Monday, holding ground near its 50-day Exponential Moving average (EMA) at $0.1782 after a two-day decline. A drop in deposit rate on Centralized Exchanges (CEXs), together with the ongoing push for mainnet upgrades, positions PI token for a potential rebound. 

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Can Bitcoin extend gains above the key 80k level?

Bitcoin climbed to $80,000 — a three-month high — supported by improving risk sentiment across global markets and continued institutional demand. 

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Crypto Today: Bitcoin, Ethereum, XRP edge higher as selling cools, retail demand steadies

Bitcoin (BTC) is trading near the pivotal $80,000 threshold, rising alongside major altcoins including Ethereum (ETH) and Ripple (XRP) at the time of writing on Monday. Ethereum holds above $2,350, upholding a five-day bullish streak, while XRP has reclaimed support above $1.40.

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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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Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Bitcoin extends gains above $80,000 as broader market risk-on sentiment persists. The scarce asset could extend its rally as the US Treasury combats high yields in the long-dated bond market, with further interventions on the horizon. Aerodrome Finance and Virtuals Protocol emerged as top performers over the last 24 hours.

Ripple and Stellar outlook: Key breakouts could fuel the next rally

Ripple and Stellar outlook: Key breakouts could fuel the next rally

Ripple and Stellar are showing signs of renewed strength after rallying over 53% and 27% in the previous week. Meanwhile, both altcoins are approaching key technical levels on Tuesday that could determine their next move. However, mixed on-chain signals with a slight bearish tilt suggest traders remain cautious amid the recent price gains.

Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains

Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains

Ethereum treasury company BitMine Immersion Technologies expanded its digital asset holdings last week with another round of acquisitions. The firm purchased 32,447 ETH during the week, lifting its holdings to 5.847 million ETH. That represents its largest purchase since the first week of July.

Strategy raises $2B, pauses Bitcoin purchases

Strategy raises $2B, pauses Bitcoin purchases

Strategy (MSTR) raised more than $2 billion through its latest share sales but did not purchase any Bitcoin during last week, instead allocating part of the proceeds to a newly established USD Cash pool.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.