Bitcoin (BTC), Pi Network's Pi Coin, and PepeX (PEPX) Are Experiencing a Rebound After US President Donald Trump's Tariff-Induced Market Plunge

After US President Donald Trump's tariff-induced market plunge, the crypto market, including Bitcoin (BTC), Pi Network's Pi Coin, and the presale-stage PepeX (PEPX), is experiencing a rebound.

After US President Donald Trump's tariff-induced market plunge, the crypto market, including Bitcoin (BTC), Pi Network's Pi Coin (PI), and the presale-stage PepeX (PEPX), are experiencing a rebound as tariffs pause, with investors eyeing potential gains.

After a recent downturn, the crypto market is showing signs of recovery as the threat of US tariffs recedes and signals of a strong economy emerge, presenting opportunities for investors to capitalise on the rebound.

As investors process the implications of Trump's hold on tariffs, the focus turns to the potential gains that Bitcoin, Pi Coin, and PepeX could offer in the next stage of the market cycle.

Bitcoin price prediction: breaking through resistance

The flagship cryptocurrency, Bitcoin (BTC), continues to be a subject of significant interest in the crypto sphere, with its price movements often setting the tone for the entire ecosystem.

With a market capitalisation exceeding $1.6 trillion, Bitcoin remains the largest cryptocurrency by far, attracting both retail and institutional investors.

Recent reports suggest that Trump's decision to pause tariffs may have brought some much-needed respite for the crypto market, which had been battered by trade policy uncertainty.

This shift in policy, combined with strong earnings reports from major banks like Wells Fargo and Goldman Sachs, has contributed to a surge in investor confidence.

As the market stabilizes and traders process recent price action, Bitcoin is approaching a crucial resistance level that could determine the next leg of its price trend.

Bitcoin price has on several occasions been rejected at the $85,021 resistance, which is also the 200-day EMA, a key indicator for long-term trend direction.

Failure to break above this level could lead to a retest of the $78,258 support, which offered some buying interest during the last correction from the highs.

However, a successful breakout might propel BTC towards the $90,000 zone and potentially to $95,000, setting the stage for further bullish gains.

With the Relative Strength Index (RSI) currently at 50, it indicates a lack of clear momentum, but recent whale activity and positive macroeconomic factors could tip the scales in favour of the bulls.

In addition, institutional investors like Metaplanet and Strategy have been accumulating Bitcoin, signalling their belief in the cryptocurrency's long-term potential.

Pi Coin’s price outlook: navigating volatility

Pi Network, with its unique mobile mining concept, has managed to garner a significant following, but its token, Pi Coin (PI), has been encountering challenges in maintaining its value.

The token, which is currently available for purchase at $0.667, has sustained a 52% price drop over the past month.

With a total supply of 100 billion tokens and only 6.87 billion currently in circulation, Pi Coin faces significant inflationary pressures as more tokens are released to users, which could exert selling pressure on the token's price.

However, the project's focus on mobile mining and its growing user base, which now stands at 69 million, could provide a counterbalance, especially if the team implements measures to control the token's supply.

The project's recent transition to mainnet and the capability for users to sell their mined tokens on exchanges have contributed to the selling pressure.

Furthermore, the involvement of parody accounts and influencers, like Ben Armstrong, in discussing Pi Network has sparked interest in the project's token.

Recently, Pi Network broke out of a month-long falling wedge, indicating a potential bullish reversal. Nonetheless, the bullish momentum seems to be diminishing as the token is headed for the support at $0.5.

The RSI indicator, on the other hand, has been on a freefall and it is currently at 31.71, just above the oversold region, hinting at a possible bounce back.

A hold above the $0.6 support could pave the way for a gradual recovery in case of a bounce from the 30s of the RSI, while a break below might lead to further declines towards the $0.5.

PepeX’s market potential: innovation meets opportunity

As Bitcoin (BTC) price today hovers over a key breakout level and Pi Network’s token faces selling pressure, another cryptocurrency project is making waves in the presale space.

PepeX (PEPX), an innovative memecoin launchpad powered by Web3 and artificial intelligence (AI), is rapidly approaching the last stage of its presale journey.

The project, which aims to democratise access to early-stage investments in promising crypto projects, has already raised an impressive $1.389 million from contributors.

With a total token supply of 5 billion PEPX and 45% allocated for the presale contribution, PepeX is positioning itself as a decentralised alternative to traditional venture capital.

What sets PepeX apart