Crypto Price Forecast: Pi Network, Top Tokens & Digital Assets – American Market Wrap August 29
Crypto markets pivot as August closes—volatility meets opportunity in key digital assets.
Pi Network's Momentum
Speculation swirls around Pi's mainnet progress—community buzz meets institutional skepticism in equal measure.
Altcoin Performance Pulse
Major tokens show mixed signals—some flirt with resistance levels while others test crucial support zones. Traders eye volume spikes for breakout confirmation.
Market Macro Influences
Regulatory whispers and Fed policy shadows loom—because nothing says 'decentralized revolution' like hanging on every government utterance.
Technical Outlook & Trader Sentiment
Charts suggest consolidation phases ahead—smart money accumulates while retail chases yesterday's pumps. The cycle continues, reliably predictable in its unpredictability.
Two AI tokens to watch after Nvidia earnings, Friday crypto sell-off
The cryptocurrency market is experiencing a sudden surge in selling pressure on Friday, with Bitcoin (BTC) falling below $110,000 before making a minor recovery. Interest in crypto assets has remained shaky over the past few weeks, as investors focus on the likelihood of Federal Reserve (Fed) interest rate cuts in September.
The crypto market is down today, signaling risk aversion ahead of the U.S. Core PCE inflation data release, which could influence the Federal Reserve's path on interest-rate cuts.
