why / pi

Why is Pi Network up today?

+2.31% 24h
Short answer

Pi Network (PI) is up 2.3% in the last 24 hours, trading at $0.0781. That is 4.6% better than the whole crypto market (−2.3%), so part of the move is specific to Pi Network. It has been moving on its own rather than with Bitcoin (−2.4%).

· from live market data
PI 24h+2.31%
Whole market 24h−2.30%
Bitcoin 24h−2.41%
Link to BTC (30d)0.10
Volume vs normal—
Layer 1 (L1) sector−2.29%
signals

What is moving Pi Network

Strongest signals first.

Doing better than the market

The total crypto market is −2.3% in 24 hours. PI is +2.3%, 4.6% better than the market, so part of the move is specific to Pi Network.

Why is the crypto market moving? →

Moving on its own, not with Bitcoin

Over the last 30 days, PI's daily moves had a 0.10 correlation with Bitcoin (1 means identical direction). That is low: PI has mostly moved on its own lately, while Bitcoin is −2.4% today.

Bitcoin price →

The Layer 1 (L1) sector is down

Pi Network is part of the Layer 1 (L1) sector, which is −2.3% today. PI is moving against its sector, which points to coin-specific news or trading.

Layer 1 (L1) sector →

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of PI positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Pi Network

faq

Questions

Why is Pi Network up today?

Pi Network (PI) is up 2.3% in the last 24 hours, trading at $0.0781. That is 4.6% better than the whole crypto market (−2.3%), so part of the move is specific to Pi Network. It has been moving on its own rather than with Bitcoin (−2.4%).

Will Pi Network go back down?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: PI is −1.74% over 7 days and −14.24% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, PI's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.