Bitcoin recovers over $2,000 in day’s high, Pi Coin surges near $2

WEB DESK: The world’s largest cryptocurrency is gradually making a comeback. On Thursday, Bitcoin was trading at $90,024.94 around 00:57 UTC, reflecting a loss of $618.25.

However, it rebounded later, reaching $91,742.80 after gaining $1,099.61 at approximately 1:50 UTC. The day’s high was recorded at 5:58 UTC, when Bitcoin surged to $92,779.07, marking an increase of $2,135.88.

Ether (ETH) rose by 2.43 per cent to $2,296, while Litecoin (LTC) climbed by 4.15 per cent to $109.13. Dogecoin (DOGE) saw an increase of 4.58 per cent, reaching $0.2138.

Pi Coin appears to be recovering as its value reached $1.92 around 12:00 PM, a gain of 2.93 per cent compared to the previous day. At that time, the market cap stood at $13.53 billion, and volume was up by 3.94 per cent, reaching $845.57 million.

Recent price movements of Pi Coin show mixed signals. The MACD indicator points to bullish momentum, but the RSI remains below 50, suggesting that a full recovery may take time unless broader market conditions improve.

Nevertheless, strong community support and growing speculation about a potential Binance listing could drive prices higher.

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