{"id":37308,"date":"2025-10-27T10:32:26","date_gmt":"2025-10-27T10:32:26","guid":{"rendered":"https:\/\/financialrush.com\/?p=37308"},"modified":"2025-10-27T10:32:26","modified_gmt":"2025-10-27T10:32:26","slug":"pi-token-explodes-by-25-btc-taps-116k-as-crypto-markets-add-100b-daily-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=37308","title":{"rendered":"PI Token Explodes by 25%, BTC Taps $116K as Crypto Markets Add $100B Daily: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin skyrocketed past $116,000 earlier today to set a multi-week high before it was stopped and pushed south by around a grand.<\/p>\n

Numerous altcoins have posted massive gains over the past day, led by ZEC and PI. Some of the larger caps are also well in the green.<\/p>\n

BTC Stopped at $116K<\/h2>\n

Bitcoin surged at the beginning of the previous business week as well, when it added over six grand in hours and soared to $114,000. However, this rally was short-lived, and the asset slumped by eight grand almost immediately to almost $106,000.<\/p>\n

The following days were calmer, as BTC prepared for the Friday release of the CPI numbers for September. Before the announcement went live, the cryptocurrency had calmed at $111,000 but jumped<\/a> to $112,000 once it became known that the inflation is not as high as experts believed.<\/p>\n

The following hours were less positive as BTC slipped to $110,000, but went on the offensive once again during the weekend and challenged $112,000 on Sunday. At first, this resistance held but gave in after the US Secretary hinted<\/a> at a major trade deal between the US and China.<\/p>\n

Bitcoin broke past $113,000 on Sunday and kept climbing<\/a> on Monday, surpassing $116,000 for the first time since the October 10 massacre. Although it has been pushed south by $1,000 since then, it\u2019s still 2.4% up on the day. Its market cap has risen to almost $2.3 trillion, while its dominance over the alts is close to 58%.<\/p>\n

<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

PI, ZEC on the Rise<\/h2>\n

Pi Network\u2019s native token became the top performer in the past 24 hours, skyrocketing<\/a> by over 25% at one point to well over $0.28. ZEC follows suit as the privacy coin is up by 15% and tapped $350 for the first time this decade.<\/p>\n

The other notable gainers from the larger-cap alts include BCH (6.4%), ETH (4.2%), BNB (2.6%), and UNI (5%). SOL, DOGE, ADA, LINK, and HYPe are also in the green, albeit in a more modest manner.<\/p>\n

The total crypto market cap has added over $100 billion since yesterday and briefly tapped $4 trillion earlier today.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post PI Token Explodes by 25%, BTC Taps $116K as Crypto Markets Add $100B Daily: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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