Bitcoin Stuck at $65K as Pi Network's PI Reclaims Key Support

Bitcoin's price action has been volatile in recent days, with the cryptocurrency spiking to $65,400 on Friday after a weaker-than-expected US jobs report. However, it failed to hold onto this gain and remains stuck at around $65,000.

The PI token of the Pi Network has reclaimed key support at $0.09, with the community sentiment remaining bullish. This comes as the total crypto market cap continues to hover around $2.3 trillion, with little movement on a 24-hour scale.

Elsewhere in the market, Crypto.com's native token CRO tumbled by over 12% after Trump Media canceled its partnership with the company. In contrast, BEAT skyrocketed by over 18% in the past 24 hours, continuing its volatile ride.