Cryptos Slip Amid Global Market Jitters

Fear is dissipating across markets as investors cautiously approach potential risks, including escalating US-Iran tensions and rising bond yields.

Cryptocurrencies are not immune to these concerns, with regulatory disappointments, weak demand, and hack risks posing significant threats.

The Pi Network (PI) token has been consolidating for three consecutive days, holding steady at $0.10 as bulls eye this psychological level. The technical outlook is mixed, with bearish momentum waning to neutral.

Bitcoin (BTC), trading around $62,900, faces uncertain times due to geopolitical tensions and persistent risk aversion.