PI Global Investments
Bitcoin

Ripple,Pi Network & Bitcoin – American Wrap 30 September


Ripple (XRP) trades sideways in a narrow range between support at $2.83 and resistance at $2.92 on Tuesday. Interest in the cross-border token has remained significantly suppressed over the past few weeks, reflecting the general sentiment that September is a bearish month for crypto.

Pi Network (PI) price edges lower by 1% at the time of writing on Tuesday, ahead of the Token 2049 event in Singapore, which PI co-founder Chengdiao Fan will attend. However, the public appearances of Pi Network’s co-founders have met with significant pushback, suggesting that Chengdiao Fan’s visit to Token 2049 could result in a PI pullback similar to the crash seen at Consensus 2025 in Toronto. 

BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund has overtaken Deribit as the largest venue for bitcoin (BTC) options in an indication of how accreditation and institutional capital is reshaping crypto derivatives trading.

 




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