Bitcoin, Pi Network, Hedera—Key Cryptos to Watch This Week

• Bitcoin, Pi Network, and Hedera are in focus this week, with major events and partnerships influencing their market potential.
• Pi Network’s exchange listing speculation, Bitcoin’s White House Summit, and Hedera’s Swift partnership could drive price surges.

In February, Pi Network gained traction alongside Bitcoin, Dogecoin, and BNB, as highlighted by CNF. This week, the cryptocurrency market is poised for significant developments, with Bitcoin (BTC), Pi Network (PI), and Hedera Hashgraph (HBAR) at the forefront. Investors and analysts are closely monitoring these digital assets in anticipation of upcoming events that could impact their trajectories.

Anticipation Builds Ahead of White House Crypto Summit

Bitcoin, the pioneering cryptocurrency, has recently experienced notable fluctuations. After dipping to $78,118 last week, BTC rebounded to $85,000, encountering resistance at this level. The upcoming White House Crypto Summit, scheduled for March 7, 2025, is a major event for the crypto industry.

President Donald Trump will host this inaugural summit, bringing together industry leaders to discuss crypto regulations, stablecoin oversight, and the potential creation of a Strategic Bitcoin Reserve (SBR).

Pi Network Awaiting Major Exchange Listings Amidst Volatility

Pi Network has gained attention since its mainnet launch in February. The PI coin’s price has been volatile, plummeting from $2 to $0.59, before rallying to $3 on speculation of a Binance listing.

However, a 42% decline to $1.60 followed after developers postponed the Know Your Customer (KYC) grace period until March 14, dampening investor enthusiasm. Despite this, optimism remains strong due to a community poll, where 85% of participants supported a Binance listing.

A potential Binance listing could trigger additional Tier-1 exchange inclusions, possibly revitalizing PI’s price. Technical analysis shows a falling wedge pattern on the hourly chart, a bullish indicator, suggesting a possible price rebound in the near term.

Riding High on Strategic Partnerships and Current Market Performance

Hedera Hashgraph’s HBAR token has experienced impressive gains, largely fueled by its strategic partnership with Swift, the global financial messaging network handling trillions of dollars in transactions annually.

This collaboration has significantly bolstered investor confidence, driving HBAR’s price from $0.1816 on February 28 to a peak of $0.2652. The token has broken past key resistance levels, surpassing $0.2308, marking its highest swing since February 21.

Technical formations, including a falling wedge and bullish pennant, indicate continued upward momentum. Analysts are now eyeing $0.2652 as the next price target, contingent on broader market conditions and further developments in the Swift partnership.

As CNF reported, Pi Network Pioneers boast 120x faster transactions than Bitcoin. BTC is currently trading at $92,029.89, reflecting a 6.70% increase in the past day, despite a 3.87% decline over the past week.

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