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Pi Coin Price: Over the past seven days, the price are up 113 per cent as per CoinMarketCap.
Pi Coin Price surges 50% in 24 hours.
Pi Coin Price: Pi Coin price zoomed 50 per cent to cross $1-mark amidst the positive trade talks between the United States and China. According to CoinMarketCap, the price of Pi Coin was up 33 per cent to $1.25 around 9:20 am IST, with a 280% jump in volume at $1.32 billion.
Over the past seven days, the price are up 113 per cent as per CoinMarketCap. With the rise in investors’ optimism and interest, the market cap of Pi Coin surged to $8.87 billion with a jump of 34 per cent.
The positive developments surrounding the trade talks between the US and China have improved market sentiment, increasing buying interest in risk assets like cryptocurrencies, stated Shivam Thakral, CEO of BuyUcoin.
“If the trade deal leads to reduced tariffs and improved global trade, increased corporate profits and overall liquidity in the financial markets could spill over into the cryptocurrency market,” he added.
Meanwhile, Bitcoin also crossed the psychological $100,000 mark on the optimism of several bilateral trade deals forged by the United States including US-Uk trade deal.
Bitcoin is trading above $104,000 as the markets remain optimistic about the US-China trade deal. With the RSI holding above 70, the asset is showing strong bullish momentum at current levels.
Additionally, On-chain data reveals nearly 350,000 new BTC wallets created in a day, indicating rising retail interest and fresh liquidity, said Alankar Saxena, Co-founder and CTO of Mudrex.
US-China Trade Talk
US Treasury Secretary Scott Bessent on Sunday reported “substantial progress” in US talks with China’s top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.
Bessent told reporters that details would be announced on Monday and that US President Donald Trump was fully aware of the results of the “productive talks.”
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
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