Cryptocurrencies Price Prediction: Pi Network, Tron & Ethereum – Asian Wrap 30 June

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Pi Network Price Forecast: PI hits record low as risk appetite weakens

Pi Network (PI) remains under intense selling pressure on Tuesday, extending losses after hitting a record low of $0.1120 the previous day. The Pi2Day celebrations on Sunday failed to lift retail demand as the Open Interest continues to decline, indicating reduced risk appetite. PI should hold above $0.1120 to avoid a steeper correction that could threaten the $0.1000 psychological level.

Tron Price Forecast: Institutional accumulation fails to lift TRX

Tron (TRX) extends its decline, trading below $0.330 on Tuesday, drifting toward the key technical support zone. Despite the recent price dip, Tron Inc. (TRON) continued to accumulate, expanding its treasury to more than 702.9 million TRX. However, weakening derivatives metrics suggest traders remain cautious, capping the potential upside move for TRX.

Ethereum Price Forecast: BitMine slows ETH purchases even as ETH ETFs record largest outflow since January

Ethereum (ETH) treasury firm BitMine Immersion slowed the pace of its accumulation of the top altcoin following increased weakness across the crypto market. The Las Vegas-based firm purchased 27,084 ETH last week, increasing its total holdings to 5.7 million ETH worth $9.22 billion at the time of writing. Last week's purchase represents its fourth-lowest so far this year.

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FXStreet Team

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JPMorgan urges stronger crypto safeguards as it expands blockchain business

JPMorgan executives called on US policymakers to adopt a measured regulatory framework for digital assets that balances innovation with robust safeguards, according to a report on Monday.

Crypto Overview: Solana, Zcash, and Hyperliquid rebound while Bitcoin remains below $60,000

The broader cryptocurrency market remains under pressure with Bitcoin below $60,000 on Tuesday, while Solana, Zcash and Hyperliquid emerge as top performers over the last 24 hours. Retail sentiment remains bearish with the Fear and Greed Index around 17 maintaining an “Extreme Fear” signal.

Bitcoin stalls at $60K as buyer conviction fades, Strategy authorizes BTC sales

Bitcoin is trading around the $60,000 level on Monday after a sharp decline last week. With the top crypto struggling to recover, analysts suggest the market remains firmly in defensive territory as investors await stronger signs of demand.

Strategy unveils plan allowing Bitcoin sales to fund stock buybacks, dividends and reserves

Strategy (MSTR) has unveiled a Digital Credit Framework to strengthen the company’s financial standing. Under the new framework, the world’s largest corporate holder of Bitcoin (BTC) will pivot from its previous accumulation strategy, opting to sell BTC in order to boost liquidity, fund dividend payments, execute stock buybacks, and strengthen cash reserves.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.