🟠 Bitcoin Price at Risk of Falling Below $100K After Trump | TopCryptoNews on Binance Square

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🟠 Bitcoin Price at Risk of Falling Below $100K After Trump Confirms Iran Strikes
BTC's price decline is accelerating amid US strikes on Iran nuclear sites, but traders are hopeful that Bitcoin could even benefit from geopolitical uncertainty.
#BTC #Bitcoin  

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♦️ Pi Network Extends Weekly Losses to 15% – What’s Next for PI Pi Network’s prolonged decline has extended into another week, with the token shedding nearly 16% of its value amid a broader market lull. As macro uncertainty intensifies and Pi’s scheduled daily token unlocks continue to weigh heavily on sentiment, the downward pressure appears far from over. 🔸 Sellers Dominate as PI Falls Below Key Thresholds Since reaching an all-time high of $3 on February 25, PI has recorded consistent weekly losses, with no significant demand inflows to halt the slide. On the daily chart, the readings from the token’s Moving Average Convergence Divergence (MACD) indicator reflect the deepening bearish momentum. At press time, PI’s MACD line (blue) rests below the signal line (orange). The MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines. As with PI, when the MACD line rests below the signal line, it indicates waning buying activity. Traders see this setup as a sell signal. Hence, it could exacerbate the downward pressure on PI’s price. The BoP indicator measures the strength of buyers versus sellers in the market, helping to identify momentum shifts. When its value is positive, buyers dominate the market over sellers and drive newer price gains. Conversely, negative BoP readings signal that sellers are dominating the market, with little to no resistance from buyers. This points to sustained downward pressure and weakening investor confidence. 🔸 Pi Network Struggles Below Key EMA Level Currently, PI trades at $0.53, exchanging hands below its 20-day exponential moving average (EMA), which forms dynamic resistance above its price at $0.56. The 20-day EMA measures an asset’s average price over the past 20 trading days, giving more weight to recent prices. When an asset’s price trades below its 20-day EMA, it signals short-term bearish momentum and potential continued downside. #PInetwork #PI

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📊 Bitcoin Rebounds as Markets Price in 'Short-Lived' Iran Conflict Bitcoin regained a footing late Sunday to trade above $101,000, recovering from earlier weekend losses as investors responded to U.S. and Israeli airstrikes on Iranian nuclear sites. The gains came alongside modest moves in gold and a muted reaction across oil and equity futures, signaling traders expect a contained conflict rather than a sustained geopolitical shock. The U.S. operation, carried out in coordination with Israel, targeted Fordow, Natanz, and Isfahan using more than 125 aircraft and bunker-buster munitions. Iran responded with missile and drone attacks on Israeli cities and threatened to strike U.S. military bases in the Gulf. Despite the escalation, markets stabilized quickly. Gold briefly hit $3,398 before easing to $3,374, while oil pared an early surge to finish up just 0.5%. “The market is still expecting a short-lived war,” The Kobeissi Letter wrote on X, noting that oil remains far below levels historically associated with Strait of Hormuz disruptions. Crypto markets showed a similar posture. While Bitcoin initially sold off during the height of the weekend headlines, traders returned as risk appetite increased. “We saw a lot of twitch trading after the U.S. strikes, and volumes remain elevated,” Pav Hundal, lead analyst at Swyftx, “The uncertainty in the Middle East, nobody knows what’s coming next, creates the kind of environment traders hate,” he added. “Bitcoin’s drop wasn’t surprising; it’s still an emerging asset class, and volatility is part of its DNA. If tensions ease, we should see confidence and prices begin to recover.” Iran’s foreign minister flew to Moscow on Sunday for emergency consultations, while President Trump signaled a pause in further U.S. military action. A final decision on next steps could come within two weeks. In the meantime, European leaders have urged restraint and signaled openness to renewed diplomacy. #BTC #Bitcoin #MarketPullback #IsraelIranConflict

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😱 Rumor: Judge Torres Ready to Dismiss Ripple ($XRP ) Case Against SEC A recent post on X by JacktheRippler claims that “Judge Torres is ready to dismiss Ripple’s (#XRP ) case against the SEC.” While this is still technically a rumor without direct confirmation in court documents, the claim is closely tied to the real, rapidly changing legal status surrounding the SEC’s high-profile lawsuit against Ripple Labs. Fred Rispoli, though cautious, echoed expectations of imminent decisions. On June 17, he wrote, "It is not guaranteed, but very likely, that Torres will make a decision this week or next."

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🔴 About 650 million was liquidated from the cryptocurrency market in the past 24 hours. #Crypto #market #altcoins

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