{"id":43753,"date":"2026-05-17T09:11:03","date_gmt":"2026-05-17T09:11:03","guid":{"rendered":"https:\/\/cryptd.in\/pi-networks-pi-token-suffers-another-setback-as-bitcoin-btc-calms-at-78k-weekend-watch\/"},"modified":"2026-05-17T09:11:03","modified_gmt":"2026-05-17T09:11:03","slug":"pi-networks-pi-token-suffers-another-setback-as-bitcoin-btc-calms-at-78k-weekend-watch","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sk\/pi-networks-pi-token-suffers-another-setback-as-bitcoin-btc-calms-at-78k-weekend-watch\/","title":{"rendered":"Pi Network\u2019s PI Token Suffers Another Setback as Bitcoin (BTC) Calms at $78K: Weekend Watch"},"content":{"rendered":"<p>After losing over $4,000 since the Thursday evening peak at $82,000, bitcoin has finally calmed at around $78,000 following yesterday\u2019s multi-week low.<\/p>\n<p>Most larger-cap alts are quite sluggish on a daily scale, aside from the two largest privacy coins, which have posted impressive rebounds.<\/p>\n<h2>BTC Settles at $78K<\/h2>\n<p>It was less than 11 days ago when the primary cryptocurrency spiked to its highest price level in three months at almost $83,000. This meant that it had recovered nearly 40% since its early February low. However, it was quickly stopped there and pushed to $79,000 by that Friday. After a quiet weekend, it rose past $82,400 lat Monday, where it faced another rejection and dipped to $80,000 in the following days.<\/p>\n<p>The bears took it a step further on Wednesday, driving the asset south to $78,500. Then came the <a href=\"https:\/\/cryptopotato.com\/clarity-act-boosts-bitcoin-outlook-but-analysts-see-risks-ahead\/\">positive news on the CLARITY Act<\/a> in the US Senate, and BTC rocketed by several grand to $82,000 once again.<\/p>\n<p>That resistance <a href=\"https:\/\/cryptopotato.com\/bitcoin-rejected-at-80k-as-inflation-fears-outweigh-clarity-act-progress-weekly-recap\/\">turned out to be too strong<\/a>, and BTC dipped to $80,500 in hours. The situation worsened on Friday evening and Saturday when the cryptocurrency <a href=\"https:\/\/cryptopotato.com\/altcoins-crash-as-bitcoin-btc-dumps-to-2-week-low-weekend-watch\/\">dumped<\/a> to a two-week low of $77,600. It has recovered some ground since then and now stands inches above $78,000.<\/p>\n<p>Nevertheless, its market cap is down to $1.560 trillion, but its dominance over the alts stands tall above 58% on CG.<\/p>\n<figure aria-describedby=\"caption-attachment-1437306\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-17.png\"><img decoding=\"async\" class=\"wp-image-1437306 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-17.png\" alt=\"BTCUSD May 17. Source: TradingView\" width=\"1835\" height=\"917\" \/><\/a><figcaption class=\"wp-caption-text\">BTCUSD May 17. Source: TradingView<\/figcaption><\/figure>\n<h2>PI Out of Top 50<\/h2>\n<p>As mentioned above, there\u2019s not much action on a daily scale from the larger-cap alts. ETH, XRP, SOL, and BNB are slightly in the red, while TRX, ADA, and DOGE have marked insignificant gains.<\/p>\n<p>HYPE is up by over 2% daily to $43, while XMR has gained 3% to $390, and ZEC has surged past $515 following a 4.5% increase.<\/p>\n<p>Pi Network\u2019s PI token <a href=\"https:\/\/cryptopotato.com\/why-did-pi-networks-pi-price-crash-to-a-3-month-low-today\/\">plunged<\/a> suddenly yesterday and over 8% down on a weekly scale. It has lost a crucial support at $0.165, which some analysts believe opens the door for another drop to new all-time lows. The asset is also out of the top 50 alts by market cap.<\/p>\n<p>The total crypto market cap remains below $2.680 trillion on CG after losing more than $100 billion since the Thursday high.<\/p>\n<figure aria-describedby=\"caption-attachment-1437307\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-17-120425.png\"><img decoding=\"async\" class=\"wp-image-1437307 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-17-120425.png\" alt=\"Cryptocurrency Market Overview May 17. Source: QuantifyCrypto\" width=\"1884\" height=\"829\" \/><\/a><figcaption class=\"wp-caption-text\">Cryptocurrency Market Overview May 17. Source: QuantifyCrypto<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Pr\u00edspevok <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-token-suffers-another-setback-as-bitcoin-btc-calms-at-78k-weekend-watch\/\">Pi Network\u2019s PI Token Suffers Another Setback as Bitcoin (BTC) Calms at $78K: Weekend Watch<\/a> sa objavil ako prv\u00fd na <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>After losing over $4,000 since the Thursday evening peak at $82,000, bitcoin has finally calmed at around $78,000 following yesterday\u2019s multi-week low. Most larger-cap alts are quite sluggish on a daily scale, aside from the two largest privacy coins, which have posted impressive rebounds. BTC Settles at $78K It was less than 11 days ago [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-43753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pi Network\u2019s PI Token Suffers Another Setback as Bitcoin (BTC) Calms at $78K: Weekend Watch - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/sk\/pi-networks-pi-token-suffers-another-setback-as-bitcoin-btc-calms-at-78k-weekend-watch\/\" \/>\n<meta property=\"og:locale\" content=\"sk_SK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network\u2019s PI Token Suffers Another Setback as Bitcoin (BTC) Calms at $78K: Weekend Watch - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"After losing over $4,000 since the Thursday evening peak at $82,000, bitcoin has finally calmed at around $78,000 following yesterday\u2019s multi-week low. 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