Pi Network (PI) drops 14% in a day: Is a recovery rally on the way?
- The cryptocurrency market fell after the CLARITY Act was not passed, causing many digital assets, including Bitcoin and Ethereum, to drop sharply.
- Pi Network’s native token (PI) is the worst-performing asset among the top 100 cryptocurrencies, down 14% in a single day and falling below the $1 billion market cap threshold.
- Even after the dip, some analysts believe PI could reverse upward, based on technical indicators and support zones that may help the price recover.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- The cryptocurrency market fell after the CLARITY Act was not passed, causing many digital assets, including Bitcoin and Ethereum, to drop sharply.
- Pi Network’s native token (PI) is the worst-performing asset among the top 100 cryptocurrencies, down 14% in a single day and falling below the $1 billion market cap threshold.
- Even after the dip, some analysts believe PI could reverse upward, based on technical indicators and support zones that may help the price recover.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
