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Bitcoin cools at $67K as PI token stabilizes above $0.17

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Bitcoin cools at $67K as PI token stabilizes above $0.17

Bitcoin (BTC) traded near $67,000 over the weekend after a week of sharp swings. The broader crypto market also stayed steady, while Pi Network’s PI token held above $0.17 after days of losses.

Summary

  • Bitcoin traded around $67,000 as weekend volatility faded and the broader crypto market stayed subdued.
  • Pi Network’s PI token stabilized above $0.17 after recent losses, ending its sharp downward trend.
  • VeChain climbed 9% daily while HASH dropped 10%, marking the strongest altcoin moves reported today.

Bitcoin showed limited movement over the past 24 hours and remained close to the $67,000 level. Its price action followed a volatile week in which the asset moved between $66,000 and $68,000 before rising to $69,200 on Wednesday.

That move reversed after fresh market pressure, sending Bitcoin down to $65,700 later the same day. Since then, the asset has traded in a narrow range. At press time, Bitcoin’s market capitalization stood at about $1.34 trillion, while its market dominance remained near 56.2%.

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Most large-cap altcoins posted small changes during the same period. Ethereum held near $2,050 after a slight daily loss, while XRP remained above $1.30. BNB, Solana, TRX, and Cardano all recorded gains of less than 1%.

The biggest moves among larger altcoins came from a smaller group of assets. RAIN fell more than 6% and dropped below $0.0075. HBAR, PEPE, UNI, and SHIB also traded lower. In contrast, Ethereum Classic rose 3.5% to $8.30 and stood out from the broader market.

PI token steadies after recent drop

Pi Network’s PI token showed signs of stability after a recent downward move. The token traded above $0.17, marking a pause in the decline that had drawn attention across the altcoin market.

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Elsewhere, HASH posted the sharpest daily loss among the mentioned tokens, falling 10% over the past 24 hours. VeChain moved in the opposite direction and gained 9% on the day, helping it return to the top 100 altcoins by market value.

Meanwhile, the total crypto market value changed little over the day and remained just below $2.4 trillion. That flat reading matched the quiet performance seen across Bitcoin and most major altcoins during the weekend session.

Market activity also stayed muted despite recent macro and geopolitical headlines that had raised expectations of stronger price swings earlier in the week.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Crypto World

Telegram Has Been Downloaded Over 50M Times in Iran, Despite Ban: Durov

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Decentralization, Privacy, Liberty, Telegram, Cypherpunks, Pavel Durov

The Iranian government’s attempt to block the Telegram messaging application in the country has backfired, as users find ways to circumvent national firewalls and online controls, according to Telegram co-founder Pavel Durov.

“Iran banned Telegram years ago,” Durov said on Friday; however, tens of millions of users in the country have managed to access the application via virtual private networks (VPNs) and other similar tools, he added.

VPNs route web traffic through servers distributed around the globe to mask the true Internet Protocol (IP) addresses of users and obscure their locations. This allows individuals with VPN access to bypass national online restrictions. Durov said:

“The government hoped for mass adoption of its surveillance messaging apps, but got mass adoption of VPNs instead. Now, 50 million members of the digital resistance in Iran are joined by over 50 million more in Russia.”

Decentralization, Privacy, Liberty, Telegram, Cypherpunks, Pavel Durov
Source: Pavel Durov

Decentralized technologies like blockchain, crypto and encrypted messaging applications can mitigate or neutralize state-imposed online restrictions and surveillance infrastructure, promoting individual liberty, proponents of decentralized technology say.

Related: Global turmoil pushes uptake of decentralized messengers, social media

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Users turn to decentralized alternatives amid online blackouts

The government of Iran imposed a nationwide internet blackout in January 2026, amid growing protests and civil unrest, which is still in effect due to the ongoing war between Israel, the United States and Iran.

Residents in the country can still access the internet through Starlink, a satellite-based network, or communicate via BitChat, a messaging application that uses Bluetooth radio waves to form a mesh network between devices.

BitChat’s mesh network transforms each device into a relay node that transfers data to other devices running the application within range, bypassing online and satellite-based systems entirely.

Decentralization, Privacy, Liberty, Telegram, Cypherpunks, Pavel Durov
The components of the BitChat messaging application tech stack. Source: GitHub

The government of Nepal imposed a social media ban in September 2025 amid growing protests, causing a spike in BitChat downloads.

Bitchat was downloaded over 48,000 times in Nepal the week of the social media ban, and the government of Nepal was toppled by protestors that same month.

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The application recorded a similar download spike in Madagascar amid protests, which also occurred around the same time as the political revolution in Nepal.

Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in