Pi Network Rallies 3%: PI On Target For New All-Time High
The cryptocurrency market is making another turnaround. Bitcoin (BTC) has reclaimed the $85,000 price point after briefly dropping to below $80,000 last week. The global crypto market cap has risen 1.3% in the last 24 hours to $2.91 trillion. Pi Network (PI) is also experiencing a surge right now. The coin is up by 3% in the last 24 hours. Despite the slight recovery, PI is down by 31.8% in the weekly charts and 38.9% in the 14-day charts. Also Read: Cardano Prediction: AI Sets ADA Price For March 25, 2025 Source: CoinGecko Cryptocurrency Market Recovers Amid Bullish Developments Source: Cryptopolitan The latest rally is likely due to the Federal Reserve keeping interest rates unchanged. The market may have faced a correction if the Fed had increased borrowing rates. PI and other assets are likely experiencing a surge in investor confidence. Also Read: Shiba Inu: Here’s How $500 In SHIB Became $51 Million Another reason for the rally could be the appointment of Paul Atkins as the new S...