Pi Network (PI) hovers above $0.1700 at press time on Monday, holding ground near its 50-day Exponential Moving average (EMA) at $0.1782 after a two-day decline. A drop in deposit rate on Centralized Exchanges (CEXs), together with the ongoing push for mainnet upgrades, positions PI token for a potential rebound. 

Bitcoin climbed to $80,000 — a three-month high — supported by improving risk sentiment across global markets and continued institutional demand. 

Bitcoin (BTC) is trading near the pivotal $80,000 threshold, rising alongside major altcoins including Ethereum (ETH) and Ripple (XRP) at the time of writing on Monday. Ethereum holds above $2,350, upholding a five-day bullish streak, while XRP has reclaimed support above $1.40.