Bitcoin price declined, reaching a daily low of $98,200 on Sunday, but avoided a daily close below the $100,000 psychological level. BTC recovered sharply on Monday and continued its recovery over the next two days, closing above $107,000 on Wednesday and stabilizing the next day. At the time of writing on Friday, it hovers around $107,000.
Ethereum (ETH) is down 1% in early trading hours on Friday, as market activity remains cautious following low realized profit and loss, along with steady open interest. Despite this, Ethereum’s network usage has rebounded, with transaction counts rising from 1.23 million to 1.75 million on Wednesday, spurred by an increase in active addresses.
Pi Network edges lower by 2% at press time on Friday, extending the 9% drop from the previous day. PI risks losing the 28% gains made earlier this week as it reverses from the $0.66 resistance level. A steeper correction could test the weekly low at $0.49, risking the psychological support level of $0.50.