🚀 Bitcoin & Crypto Price Forecast: Pi Network in Spotlight – Europe Market Update June 24

Crypto markets flex volatility muscles as Bitcoin tests key levels – while Pi Network buzz grows louder. Here’s what’s moving digital asset prices today.

Bitcoin’s make-or-break moment

The OG cryptocurrency dances on a knife’s edge – institutional inflows clash with macroeconomic headwinds. Traders eye $60K as critical support.

Altcoins: Speculation heats up

Ethereum and BNB show relative strength, but meme coins bleed out. Meanwhile, Pi Network’s ‘mainnet soon’ chorus gets harder to ignore – vaporware or sleeping giant?

The cynical take

Another day, another ‘decisive moment’ for crypto prices – because apparently traditional finance isn’t volatile enough for some people.

Bitcoin Price Forecast: BTC recovers as Iran-Israel ceasefire fuels risk-on sentiment

Bitcoin (BTC) price is stabilizing around $105,000 at the time of writing on Tuesday, following a 4.3% recovery the previous day. The rebound comes as global risk sentiment improves following a ceasefire between Iran and Israel, and as the US Federal Reserve (Fed) announced a softer stance on crypto-related banking on Monday. Apart from this risk-on sentiment, institutional demand remained strong as corporations accumulated BTC in their reserves and fresh Exchange Traded Fund (ETF) inflows, suggesting a further recovery in BTC prices.

Crypto Today: Bitcoin, Ethereum, XRP consolidate gains after Israel-Iran ceasefire 

Tensions in the Middle East have taken the backseat after United States (US) President Donald TRUMP announced a ceasefire between Israel and Iran on Monday. Global markets, including cryptocurrencies, ticked up, boosting Bitcoin’s (BTC) recovery above $105,000 at the time of writing on Tuesday.

Pi Network Price Forecast: Minor recovery teases trend reversal amid GenAI claims, Pi2Day

Pi Network (PI) edges lower by 1% at press time on Tuesday, following a 6.68% rise on Monday. With the minor recovery earlier this week, Pi holds above a crucial psychological and trendline support amid growing buzz about potential Generative Artificial Intelligence (GenAI) features, to be unveiled on June 28.