Pi Network’s PI Reclaims Key Support, Bitcoin (BTC) Fights for $65K: Weekend Watch

Bitcoin’s price jumped to $65,400 on Friday after the weaker-than-expected US jobs report, but it has lost some traction and has remained sideways at around $65,000.

Most larger-cap alts are slightly in the green, aside from HYPE and CRO. The latter has slumped hard after the Trump Media group canceled its partnerships with the company behind it.

BTC Eyes $65K

Last weekend was quite eventful for the primary cryptocurrency and the overall macro scene. BTC had plunged to $62,400 on Friday, tried to rebound to $63,000 on Saturday, but dipped to $62,200 later that evening. It jumped to $63,800 on Sunday after US President Donald Trump called off the scheduled attacks against Iran and raised hopes for an upcoming deal.

However, bitcoin dipped once again to $62,200 on Monday morning before it went on the offensive and spiked to $64,000 within hours. It continued to climb gradually in the following days and tapped $65,000 on Wednesday as the markets expected the deal between the US and Iran to be announced.

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