{"id":5294,"date":"2025-03-13T15:17:23","date_gmt":"2025-03-13T09:47:23","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=5294"},"modified":"2025-05-26T13:13:18","modified_gmt":"2025-05-26T07:43:18","slug":"pi-network-coin-soars-13-to-1-68-but-still-44-below-peak","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/pi-network-coin-soars-13-to-1-68-but-still-44-below-peak\/","title":{"rendered":"Pi Network Coin Soars 13% to $1.68, but Still 44% Below Peak"},"content":{"rendered":"<h4 data-start=\"95\" data-end=\"121\">Highlights:<\/h4>\n<ul data-start=\"122\" data-end=\"645\">\n<li data-start=\"122\" data-end=\"221\">Pi Network Coin surged 13% to $1.68 on March 14, recovering from recent losses.<\/li>\n<li data-start=\"222\" data-end=\"303\">Despite the gains, the coin remains 44% below its all-time high of $2.98.<\/li>\n<li data-start=\"304\" data-end=\"416\">Bitcoin rebounded to $84,000, while XRP gained 4%, contributing to a broader crypto market recovery.<\/li>\n<li data-start=\"417\" data-end=\"548\">The rebound follows a sharp sell-off earlier in the week due to macroeconomic uncertainties and US tariff concerns.<\/li>\n<li data-start=\"549\" data-end=\"645\">OKX has announced potential Pi Coin trading, contingent on meeting listing criteria.<\/li>\n<\/ul>\n<h3 data-start=\"652\" data-end=\"723\">Pi Network Coin Jumps 13% Amid Broader Crypto Market Recovery<\/h3>\n<p data-start=\"725\" data-end=\"992\">The Pi Network Coin surged 13% to $1.68 on Thursday, rebounding from recent declines amid a broader crypto market recovery. However, the digital asset remains 44% below its all-time high of $2.98, underscoring continued volatility in the market.<\/p>\n<p data-start=\"994\" data-end=\"1157\">The crypto market witnessed a significant upturn, driven by a strong rebound in Bitcoin (BTC), XRP, Ethereum (ETH), Binance Coin (BNB), and Solana (SOL).<\/p>\n<h3 data-start=\"1159\" data-end=\"1216\">Bitcoin Rebounds to $84,000 After Sharp Decline<\/h3>\n<p data-start=\"1218\" data-end=\"1513\">The broader cryptocurrency market recovered after suffering a sharp sell-off earlier in the week. Bitcoin surged to $84,000, marking a 2% intraday increase, while XRP rose by 4%. Other major cryptocurrencies, including Ethereum, BNB, and Solana, also saw notable gains.<\/p>\n<p data-start=\"1515\" data-end=\"1555\">The earlier sell-off was triggered by:<\/p>\n<ul data-start=\"1556\" data-end=\"1836\">\n<li data-start=\"1556\" data-end=\"1627\">Macroeconomic uncertainties impacting global financial markets.<\/li>\n<li data-start=\"1628\" data-end=\"1776\">Investor concerns over US President Donald Trump&#8217;s tariff policies, which dragged Bitcoin below $77,000\u2014its lowest level in four months.<\/li>\n<li data-start=\"1777\" data-end=\"1836\">Profit-taking activity after recent crypto rallies.<\/li>\n<\/ul>\n<p data-start=\"1838\" data-end=\"1923\">Shivam Thakral, CEO of BuyUcoin, commented on the market&#8217;s resilience, stating:<\/p>\n<blockquote data-start=\"1924\" data-end=\"2161\">\n<p data-start=\"1926\" data-end=\"2161\"><em data-start=\"1926\" data-end=\"2159\">&#8220;Bitcoin has demonstrated resilience, surging over 2% despite market challenges. This comes after a lower-than-expected U.S. CPI report, which typically supports bullish sentiment. However, trade tensions have tempered enthusiasm.&#8221;<\/em><\/p>\n<\/blockquote>\n<h3 data-start=\"2163\" data-end=\"2226\">Impact of Trade Tensions and Inflation Data on Crypto<\/h3>\n<p data-start=\"2228\" data-end=\"2346\">Edul Patel, CEO of Mudrex, highlighted that Bitcoin remains volatile due to global trade tensions. He noted:<\/p>\n<blockquote data-start=\"2347\" data-end=\"2620\">\n<p data-start=\"2349\" data-end=\"2620\"><em data-start=\"2349\" data-end=\"2618\">&#8220;Bitcoin is trading between $80,000 and $84,000 as trade tensions escalate. While softer CPI data initially drove a rally, the EU\u2019s counter-tariff announcement triggered profit booking. Investors should monitor the US\u2019s response as it could bring further volatility.&#8221;<\/em><\/p>\n<\/blockquote>\n<p data-start=\"2622\" data-end=\"2880\">The lower-than-expected U.S. Consumer Price Index (CPI) report helped lift sentiment, as inflationary concerns had been weighing on risk assets like cryptocurrencies. However, ongoing US-EU trade tensions continue to impact investor confidence.<\/p>\n<h3 data-start=\"2882\" data-end=\"2936\">Pi Coin\u2019s Road Ahead\u2014Will the Rally Sustain?<\/h3>\n<p data-start=\"2938\" data-end=\"3108\">Despite the 13% surge, Pi Network Coin is still significantly below its all-time high of $2.98, reflecting a lack of strong liquidity and exchange listings.<\/p>\n<p data-start=\"3110\" data-end=\"3185\">Some market analysts believe that Pi Coin\u2019s future growth depends on:<\/p>\n<ul data-start=\"3186\" data-end=\"3395\">\n<li data-start=\"3186\" data-end=\"3225\">Increased adoption among users.<\/li>\n<li data-start=\"3226\" data-end=\"3285\">Greater liquidity from listings on major exchanges.<\/li>\n<li data-start=\"3286\" data-end=\"3337\">Institutional and retail investor interest.<\/li>\n<li data-start=\"3338\" data-end=\"3395\">Regulatory clarity to ensure long-term stability.<\/li>\n<\/ul>\n<h3 data-start=\"3397\" data-end=\"3436\">OKX Exploring Pi Coin Trading<\/h3>\n<p data-start=\"3438\" data-end=\"3576\">In a significant development, OKX, a major cryptocurrency exchange, has announced plans to enable Pi Coin trading\u2014provided that:<\/p>\n<ul data-start=\"3577\" data-end=\"3716\">\n<li data-start=\"3577\" data-end=\"3637\">Pi Network completes its transition to Open Mainnet.<\/li>\n<li data-start=\"3638\" data-end=\"3716\">The project meets OKX\u2019s listing criteria for liquidity and compliance.<\/li>\n<\/ul>\n<p data-start=\"3718\" data-end=\"3844\">If successful, this could drive greater institutional and retail adoption, potentially boosting Pi Coin\u2019s valuation.<\/p>\n<p data-start=\"3846\" data-end=\"3990\" data-is-last-node=\"\" data-is-only-node=\"\">However, without wider exchange support and deeper market liquidity, the asset remains prone to high volatility and speculative trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlights: Pi Network Coin surged 13% to $1.68 on March 14, recovering from recent losses. Despite the gains, the coin remains 44% below its all-time high of $2.98. Bitcoin rebounded to $84,000, while XRP gained 4%, contributing to a broader crypto market recovery. The rebound follows a sharp sell-off earlier in the week due to [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-5294","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/5294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=5294"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/5294\/revisions"}],"predecessor-version":[{"id":5296,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/5294\/revisions\/5296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/5295"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=5294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=5294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=5294"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=5294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}