Traditional Finance Alert: XPTUSD Up Over 2%

On Pi Network's anniversary, 300,000 Pi Coins flowed out to CEX. Can the price hold the key support level?

February 24 News, on the first anniversary of the Pi Network open mainnet launch, approximately 300,000 PI tokens have flowed out from centralized exchanges, with the price of Pi Coin remaining around $0.16. This outflow reflects a decrease in immediate seller liquidity on exchanges and highlights increased community engagement and ecosystem activity. The Pi core team stated that since the mainnet went live independently, the project has achieved significant growth in KYC approval, mainnet migration, developer activity, and overall network participation. On-chain data shows that in the past 24 hours, exchange wallets have net outflows of approximately 305,547 Pi Coins, with one CEX alone net outflowing over 623,000 Pi Coins, offsetting small inflows on platforms like Gate. Although this change is limited relative to the total supply, combined with the anniversary celebration, it indicates that the network ecosystem is steadily expanding, and long-term holders remain confident.

XRP drops 9% as whales buy 170 million coins: Is this a sign of a price bottom or a precursor to a rebound?

February 24 News, despite XRP's recent sustained pressure and a phased decline of about 9%, on-chain fund flows have shown clear signs of divergence, with large holder addresses and institutional investors continuing to add positions during the pullback, sparking market attention on whether XRP's price has bottomed out and the potential for a rebound. Data shows that since February, XRP has been consistently constrained by a downward trend resistance level, with short-term momentum remaining weak and market sentiment turning cautious. However, on-chain indicators reveal that XRP's current market price is below its intrinsic value, which usually indicates that most holders are in a floating loss. From a historical cycle perspective, when the price falls below the actual cost range, it is often seen as an undervalued phase, likely to attract medium- to long-term capital deployment.

Bitcoin drops below the $65,000 threshold: Trump's tariffs disrupt the market, will BTC test $60,000?

On February 24, news reports indicate that amid increasing uncertainty over the United States pushing forward a new round of global trade tariff policies, Bitcoin prices have fallen below the key psychological threshold of $65,000, and market risk appetite has significantly cooled down. Data shows that Bitcoin retreated from a high of approximately $66,465 on Monday to an intraday low of $62,952, a stage decline of nearly 5%, and a cumulative retracement of about 35% from the year's high, with market sentiment turning cautious. This downward movement is closely related to the policy expectation that the Trump administration may impose an additional 10% tariff on multiple countries (potentially raised to 15% via executive order). Historical experience shows that escalating trade tensions often intensify volatility in the crypto market. The market still remembers that after the U.S. imposed high tariffs on China in 2025, the total market value of cryptocurrencies shrank significantly within two months, and Bitcoin's sensitivity to macro shocks once again became a focus.

TRIA (Tria) increased by 17.95% in the past 24 hours

Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, TRIA (Tria) is trading at $0.02, up 17.95% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $39.4 million, an increase of $6 million compared to yesterday. Tria is a global cryptocurrency lifestyle platform offering an integrated Tria Card, earning rewards, leverage trading, and cross-chain exchanges. Users can spend with the Tria Card at over 1.3 million merchants in more than 150 countries, support recharge with over 1,000 tokens without custody, and earn rebates. The platform uses BestPath AVS technology to provide optimized transaction routing, helping users get the best

Zcash approaches death cross, will ZEC test the critical support level of $200?

February 24 News, Privacy coin Zcash (ZEC) has recently been under continuous pressure, with a total decline of over 20% in the past 7 days. As of press time, the price of Zcash is approximately $231, down 28% from this month's high and more than 50% lower than at the beginning of the year. Against the backdrop of waning risk appetite in the crypto asset market, combined with technical and fundamental factors, market participants remain cautious about ZEC's future trajectory. On the fundamental side, the Electric Coin Company development team previously resigned collectively due to governance disputes with the non-profit organization Bootstrap. Although the incident did not lead to a blockchain fork, and the protocol layer operation of the ZEC token was not directly impacted, organizational uncertainty has weakened investor confidence in the ecosystem's long-term development.

LUNA (Terra) increased by 6.08% over the past 24 hours, with a market capitalization of approximately $45.4 million

Gate News Bot Message, February 24th, according to CoinMarketCap data, LUNA (Terra) is currently trading at $0.06, up 6.08% in the past 24 hours, reaching a high of $0.07 and a low of $0.06. The 24-hour trading volume is $19.6 million. The current market cap is approximately $45.4 million, an increase of $2.6 million from yesterday.