{"id":52814,"date":"2025-05-21T08:51:59","date_gmt":"2025-05-21T08:51:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pstake-finance-explodes-117-as-bitcoin-rebounds-to-107k\/"},"modified":"2025-05-21T08:51:59","modified_gmt":"2025-05-21T08:51:59","slug":"pstake-finance-explodes-117-as-bitcoin-rebounds-to-107k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pstake-finance-explodes-117-as-bitcoin-rebounds-to-107k\/","title":{"rendered":"pSTAKE Finance explodes 117% as Bitcoin rebounds to $107k"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/pstake-finance-spikes-bitcoin-surge-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/pstake-finance-spikes-bitcoin-surge-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/pstake-finance-spikes-bitcoin-surge-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/pstake-finance-spikes-bitcoin-surge-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>pSTAKE Finance price spiked 117% in 24 hours as Bitcoin hit $107k.<\/li>\n<li>The Bitcoin finance liquid staking token looks poised for a potential pullback.<\/li>\n<li>If bulls hold onto gains, a breakout above $0.08 could bring major levels into play.<\/li>\n<\/ul>\n<p>pSTAKE Finance price soared by more than 117% as Bitcoin surged to above $107,000 and on the cusp of a new all-time high.<\/p>\n<p>The liquid staking protocol\u2019s native token skyrocketed by 117% to hit highs of $0.072. It\u2019s a peak last seen in December 2024.<\/p>\n<p>As the altcoin captured the attention of traders, profit-taking deals ate into the upside action.<\/p>\n<p>PSTAKE traded around $0.060, up more than 64% in the past 24 hours.<\/p>\n<h2>Why is pSTAKE Finance price up?<\/h2>\n<p>pSTAKE Finance\u2019s 117% surge coincided with Bitcoin\u2019s climb to $107k, a rebound that came after bears pulled prices to near $102k amid a volatile start to the week.<\/p>\n<p>This uptick for BTC meant several coins linked to the crypto king rose.<\/p>\n<p>As a leading Bitcoin yield and liquid staking protocol, pSTAKE mirrored <a href=\"https:\/\/coinjournal.net\/news\/us-senate-advances-stablecoin-legislation-after-clearing-procedural-vote\/\">Bitcoin\u2019s momentum<\/a>.<\/p>\n<p>Heightened interest in investment products underpinned by BTC could be the reason the Bitcoin-focused DeFi (BTCfi) platform pSTAKE Finance rallied.<\/p>\n<p>The protocol\u2019s ability to allow users to stake Bitcoin while maintaining liquidity aligns perfectly with the current BTCfi narrative, amplified by Bitcoin\u2019s bullish momentum.<\/p>\n<p>Additionally, pSTAKE\u2019s integration with top blockchain networks has helped drive growth.<\/p>\n<p>Most recently, the protocol has <a href=\"https:\/\/x.com\/pStakeFinance\/status\/1924656688369435059\" target=\"_blank\" rel=\"noopener\">rolled out<\/a> PSTAKE staking Season 13, which went live on Base on May 20, 2025.<\/p>\n<p>\u201cS13 has 0.0075 $cbBTC rewards with 8.5\/12.5M max cap tokens staked,\u201d pSTAKE posted on X.\u201cStake and participate in protocol community activities to get $cbBTC rewards.\u201d<\/p>\n<h2>pSTAKE Finance price prediction<\/h2>\n<p>Sentiment is mostly bullish for PSTAKE. However, technical indicators and market dynamics may dictate overall direction.<\/p>\n<p>The Relative Strength Index (RSI) stands at 91, indicating overbought conditions. It means a potential short-term price correction.<\/p>\n<p>Also, the Moving Average Convergence Divergence (MACD) indicator supports this.<\/p>\n<p>But while the MACD line remains above the signal line, bears breaking lower amid selling will be worth attention.<\/p>\n<figure id=\"attachment_310082\" aria-describedby=\"caption-attachment-310082\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-310082 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/pstake-usdt-chart.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-310082\" class=\"wp-caption-text\"><em><a href=\"https:\/\/www.tradingview.com\/symbols\/PSTAKEUSDT\/\" target=\"_blank\" rel=\"noopener\">PSTAKE chart<\/a> by TradingView<\/em><\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Given the overall market outlook, particularly with BTC rising, pSTAKE could test resistance at $0.10 and likely $0.2.<\/p>\n<p>If it breaks this level, the next target will be $0.8 and the all-time peak of $1.25. DeFi adoption amid Bitcoin demand will be a key catalyst.<\/p>\n<p>However, as the overbought RSI levels suggest, profit taking could accelerate a pullback.<\/p>\n<p>Key support levels will be around $0.035 and $0.020.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/pstake-finance-explodes-117-as-bitcoin-rebounds-to-107k\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) pSTAKE Finance price spiked 117% in 24 hours as Bitcoin hit $107k. The Bitcoin finance liquid staking token looks poised for a potential pullback. If bulls hold onto gains, a breakout above $0.08 could bring major levels into play. pSTAKE Finance [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":52815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52814"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52814"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52815"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}