Pi Coin price surges 113 per cent over the past seven days

The price of Pi Network's coin has soared an incredible 113 per cent over the past seven days, according to CoinMarketCap. This surge in value has seen the market cap of Pi Coin now surging to $8.87 billion with a jump of 34 per cent as investor optimism and interest rises.

Positive developments surrounding the trade talks between the US and China have improved market sentiment, increasing buying interest in risk assets like cryptocurrencies, explained Shivam Thakral, CEO of BuyUcoin.

"If the trade deal leads to reduced tariffs and improved global trade, increased corporate profits and overall liquidity in the financial markets could spill over into the cryptocurrency market," he added.

Meanwhile, Bitcoin also crossed the psychological $100,000 mark on the optimism of several bilateral trade deals forged by the United States including US-Uk trade deal.

Bitcoin is trading above $104,000 as the markets remain optimistic about the US-China trade deal. With the RSI holding above 70, the asset is showing strong bullish momentum at current levels.

Additionally, On-chain data reveals nearly 350,000 new BTC wallets created in a day, indicating rising retail interest and fresh liquidity, said Alankar Saxena, Co-founder and CTO of Mudrex.

US-China Trade Talk

US Treasury Secretary Scott Bessent on Sunday reported “substantial progress" in US talks with China’s top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.

Bessent told reporters that details would be announced on Monday and that US President Donald Trump was fully aware of the results of the “productive talks."