This week in crypto: Pi Network–Chainlink buzz, Mantra meltdown, Grayscale’s Q2 picks, DXY collapse, and more

Pi Network’s PI coin surged significantly from integration with Chainlink but dropped 18% due to transparency concerns, echoing the 90% crash of Mantra’s OM token, which lost 5.5 billion USD due to insider trading allegations.

Grayscale’s recent review of 40 altcoins suggests growing institutional interest in sectors beyond Bitcoin and Ethereum. Furthermore, the US Dollar Index’s (DXY) decline to a three-year low potentially benefits Bitcoin prices, signaling a shift in market dynamics.