Pi Network's PI Surges Amid Bitcoin's Sideways Move

The Pi Network's native token has reclaimed key support at $0.09 as its price jumped by 5% in the past day, while Bitcoin (BTC) remains stuck around $65,000 after a weak US jobs report sparked a brief surge to $65,400.

Bitcoin's price action over the weekend was quite eventful, with the cryptocurrency dropping to $62,200 on Monday morning before rebounding to $64,000 and eventually tapping $65,000 on Wednesday. However, the delay in voting on the CLARITY Act led to a brief dip to $64,000 on Friday morning.

The weak US jobs report led to an immediate spike in Bitcoin's price to $65,400, but it was unable to hold above this level and now sits at around $65,000. The total crypto market cap remains steady around $2.3 trillion, with little to no movement on a 24-hour scale.

Meanwhile, the BEAT token has continued its volatile ride, skyrocketing by over 18% in the past day, while Crypto.com's native token CRO tumbled by over 12% after Trump Media canceled their partnership. Pi Network's community sentiment remains bullish, with the token sitting above key resistance.