#BitcoinDominanceRemainsHigh

Experts Revealed Price Expectations for These 2 Popular Cryptocurrencies
The cryptocurrency market started the new week with a volatile beginning. While the total market capitalization has experienced slight losses, the overall outlook is still holding on to strong support levels. However, sharp declines in some altcoins are noteworthy. In particular, Pi Network (PI) has emerged as the worst-performing token in the last 24 hours. On the other hand, GameStop's Bitcoin move and new developments in the Ripple-SEC case are influencing the market.
GameStop's Bitcoin Decision: The Company's Stock Rises, Market Gains Confidence
GameStop took a notable step despite the sales declines in its fourth quarter report for 2024. The company announced that it would add Bitcoin to its balance sheet as a reserve asset. This move triggered a 6% increase in its stock price.
GameStop's limited exposure to crypto has been interpreted as a strategic move to strengthen its financial structure by 2025. This development has increased the likelihood of institutional firms returning to Bitcoin, boosting market confidence.
Bitcoin Wants to Maintain Its Rise: Eyes on the $89,800 Resistance
Bitcoin is trading at $87,196 with a loss of less than 1% in the last 24 hours. The $86,822 level is currently a critical support position. Maintaining this level is important for the continuation of the bullish trend.
If this support holds, BTC could make a jump towards $89,800. However, if the support breaks, there is a risk of a pullback to $85,000 and even $82,761. Technical indicators still present a promising picture.
Eyes on XRP in Ripple-SEC Case: We Have Reached the Final Stage
Ripple's Chief Legal Officer announced that the XRP case is nearing its conclusion. It was reported that the SEC will largely pay the 125 million dollar fine against Ripple and that the way will be opened for XRP to be offered to institutional investors.
This situation could directly affect XRP liquidity and the ETF approval process. The outcome of the case may increase investor confidence in XRP, creating positive pressure on the price.
Cryptocurrency Overall Outlook: Supports Remain Intact, Hopes Continue
The total cryptocurrency market capitalization is currently at 2.81 trillion dollars, and the losses in the last 24 hours have remained limited. The most critical support level of 2.74 trillion dollars is still being maintained. Not falling below this region ensures that declines in the market remain limited.
If this support level is maintained and momentum turns upwards again, the market capitalization could reach 2.93 trillion dollars. This would allow for a recovery of the losses from March, making it possible to enter April with hope.
Pi Network Crashed: This Cryptocurrency Attracted Attention with a 13% Drop
PI, which has experienced a 13% drop in the last 24 hours, is trading at $0.82. The token is moving towards its next support level of $0.76. Staying below $0.92 has created a serious weakness signal for PI.
If this downward momentum continues, the price could drop to an all-time low of $0.60. However, if the $0.92 level is regained as support, the PI price could rise to $1.19, and the bearish scenario could become invalid.
Ongoing macro developments, regulatory news, and market sentiment will be critical for crypto investors this week. All eyes are now on both Bitcoin's movements and the statements coming from the SEC and Ripple front!