Bitcoin is currently hovering around $101,880, showing a slight dip of -1.58% after failing to hold the recent high of $105,819. The price is testing support at the 5-day MA, and if it breaks below, we could see a retest of the $97k–$98k range.
Momentum is cooling, and volume is shrinking — indicating potential short-term correction before any bullish continuation. Bulls must reclaim $104k to resume upward momentum.
Prediction: Watch for bounce at $101k–$98k. If support holds, BTC could eye $107k+ in coming sessions.
Pi Coin (PI) is experiencing significant attention today, May 14, 2025, as it trades around $1.17, marking a 4.46% increase. This surge is largely attributed to the anticipation surrounding Pi Network's announcement at Consensus 2025, where co-founder Dr. Nicolas Kokkalis is expected to reveal major updates, including potential exchange listings and ecosystem partnerships .
The recent price action has been notable, with PI reaching $1.32 earlier today, reflecting a strong recovery from its April low of $0.40 . Analysts suggest that if the upcoming announcements meet community expectations, PI could retest its previous high of $2.98 achieved in February .
However, it's important to approach with caution. The crypto market is known for its volatility, and while the current momentum is promising, unforeseen factors could influence price movements. Investors should stay informed and consider risk management strategies when engaging with PI.
The tariffs' impact extended beyond price drops. U.S.-based Bitcoin miners, heavily reliant on imported hardware from Asia, faced increased operational costs due to tariffs reaching as high as 36% on mining equipment. This escalation threatened the U.S.'s position in global mining dominance, potentially shifting the balance towards countries with more favorable trade conditions .
However, the market demonstrated resilience. A 90-day suspension of the tariffs announced on April 9 spurred a recovery, with Bitcoin surpassing the $100,000 mark for the first time in three months . This rebound was bolstered by significant institutional investments, including $5.3 billion in spot Bitcoin ETFs over three weeks, and optimism surrounding a U.S.-UK trade agreement.
Despite the short-term volatility, some analysts view the tariffs as a potential catalyst for Bitcoin's long-term appeal as a hedge against fiat currency instability. The erosion of the U.S. dollar's dominance in global trade could enhance Bitcoin's role in cross-border transactions .
As the July 9 deadline for the tariff pause approaches, the crypto market remains on alert. Investors and miners alike are strategizing to navigate the uncertainties, with the broader implications of trade policies on the decentralized economy yet to unfold. #NewsTrade #TrumpTariffs #TradeStories
Inflation Data Just Dropped — and So Did Bitcoin? #CryptoCPIWatch
The latest CPI numbers are in — and the markets are already reacting. Inflation cooling down might be good for your groceries, but what does it mean for crypto?
Historically, lower inflation eases pressure on the Fed, boosting investor confidence. But today, BTC dipped right after the data release. Why?
Is it profit-taking? Whale manipulation? Or the calm before a bullish storm?
Smart money watches CPI like a hawk. Do you? Drop your predictions: Will Bitcoin bounce or bleed in the next 48 hours? #CryptoCPIWatch #Bitcoin #Inflation #BNB #BinanceSquare
The United States and China have agreed to a 90-day reduction in tariffs, significantly easing trade tensions. The US will lower tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on US goods from 125% to 10%.
This development has sparked a global market rally. The Dow Jones Industrial Average surged over 1,000 points, the S&P 500 rose by 2.6%, and the Nasdaq Composite gained more than 4%.
While the agreement is temporary, it marks a significant step towards de-escalating the trade war that has disrupted global supply chains. Investors are hopeful that this truce will lead to more comprehensive trade negotiations in the near future. #TradeWarEases
We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
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Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)