Pi Network’s PI Finally Rebounds, Bitcoin (BTC) Calm at $84K (Weekend Watch)

Bitcoin’s price consolidation around the $84,000 level continues as the asset has failed to breakout in either direction over the past week or so, despite a few attempts.Most altcoins sit quietly today, with little to no gains. PI has popped up by 9% after a recent landslide, while HYPE has surged by double digits.BTC Calm at $84KLast weekend went relatively quietly as BTC was stuck around the same level as now. The only exception came on Sunday evening after a whale opened a large short position, and BTC went up and down by about a grand.The beginning of the business week was also quieter, aside from a price slump toward $81,000 on Tuesday. However, BTC bounced off and jumped to $83,000 ahead of the second FOMC meeting for the year. Once that concluded on Wednesday and the Fedrefusedto change the key interest rates, BTC experienced some more volatility around $83,000 and $85,000.It went on the offensive later andspikedabove $87,000 during the early morning Asian trading session. However, that was short-lived, and the asset slumped to $83,000 a day later.It hasreturnedto $84,000 since then as it prepares for another calm weekend. Its market cap has risen to $1.670 trillion on CG, while its dominance over the alts has declined to 58.3%.PI ReboundsPi Network’s native token is among the poorest performers on a weekly scale, having dumped by over 30%. However, it finally saw some relief in the past 24 hours, as its price has returned to $1 after an 8-9% surge.HYPE is the other notable gainer since yesterday, having jumped by 14-5%. It now trades above $16. In contrast, XRP, BNB, ADA, LEO, TON, and XLM are slightly in the red, while ETH, SOL, DOGE, and TRX have marked minor gains.The total crypto market cap failed to overcome the $2.9 trillion mark and now sits about $30 billion below it on CG.