Pi Network’s PI bounced sharply from a fresh all-time low on November 10, while Bitcoin remained under pressure near $74,000 following a week of heavy selling and macro uncertainty.
CoinMarketCap data showed PI trading around $0.0695 to $0.07 at the time of writing, up roughly 6–10% over 24 hours after it had touched a record low near $0.06259–$0.0635. The rebound came after PI fell about 8% during the previous session, making it one of the poorest performers in that selloff. Despite the bounce, PI remains more than 97% below its February 2025 all-time high of $2.98, with a market capitalization near $790 million and 24-hour volume of about $10.5 million.
Bitcoin, meanwhile, slid to roughly $73,500 on Monday, marking a new multi-month low and bringing its weekly loss to more than $8,000. Buyers briefly lifted the price toward $75,500, but BTC failed to hold that recovery zone and settled just above $74,000. Its market cap dropped below $1.5 trillion again, while Bitcoin dominance remained above 60% on CoinMarketCap.
The latest weakness follows a difficult period for Bitcoin. After the Binance hack in late October, BTC ended the month down 7%, and last week’s U.S. midterm results triggered a drop below $76,000 before a short-lived spike above $81,000. The failure to hold gains pushed the asset lower alongside Wall Street, with Friday’s decline taking it to an 11-week low under $75,000.
Traders are now watching the upcoming October U.S. inflation report, with expectations for 0.3% monthly headline inflation and 0.2% core inflation, as well as shifting Federal Reserve policy expectations. The broader altcoin market remained fragmented: Ethereum traded near $2,100, BNB around $690, XRP below $1.10, and Solana slightly lower, while HYPE, LINK, and ADA posted minor gains. ZEC and XMR recorded the largest losses among major alts, while AVAX, ONDO, and AAVE rose 5–6%. Total crypto market capitalization stayed below $2.5 trillion, leaving Bitcoin’s ability to defend the $73,000–$74,000 area as a key short-term signal.
