Market Overview: Pi Network (PI) Experiences a 40% Weekly Rise, while Bitcoin (BTC) Struggles at $68K

Bitcoin has been experiencing fluctuating prices around $68,000, even slipping below this mark on several occasions in the past day. The first week of trading in the current month saw a significant drop for Bitcoin to $60,000, a first since October 2024, representing a $30,000 decline in just over a week. Despite a brief recovery, it faced selling pressure at $72,000, and has been trading between this and the $68,000 mark since. Meanwhile, Pi Network's PI token has seen impressive growth, rising over 40% in the past week, from an all-time low of $0.1312 to around $0.19. The total crypto market cap has added over $25 billion in a day, now standing at $2.430 trillion.