Synopsis
Despite the decline, Pi Coin is still up 125% from its all-time low of $0.6152 on February 20, 2025. However, it has fallen nearly 55% from its peak of $2.98 on February 26, 2025, indicating increased volatility.
Pi Network Coin plunged nearly 55% to $1.38 from its all-time high of $2.98 amid a broader crypto market sell-off, pressuring investor sentiment.
Bitcoin slipped below $77,000, hitting a four-month low as uncertainty over U.S. President Donald Trump’s tariff plans, along with concerns over U.S. economic growth, intensified. Investors feared escalating trade tensions could slow the economy and push it into recession. Ethereum dropped 8%, while XRP, BNB, and Solana also saw sharp losses.
The decline followed Trump’s refusal on Sunday to predict whether the U.S. could face a recession, further heightening investor concerns about global economic stability.
Crypto Tracker
TOP COIN SETSCrypto Blue Chip – 5-10.10% BuySmart Contract Tracker-12.79% BuyWeb3 Tracker-13.04% BuyDeFi Tracker-13.46% BuyNFT & Metaverse Tracker-15.36% BuyTOP COINS (₹) Bitcoin7,007,422 (-2.31%)BuyBNB47,888 (-2.75%)BuySolana10,738 (-3.49%)BuyXRP182 (-4.09%)BuyEthereum165,447 (-8.33%)Buy”The crypto market is experiencing a major downturn, with Bitcoin falling under $80,000 and Ethereum hitting a 16-month low around $1,800. Fears of a recession and broad market sell-offs are driving this pullback,” said Avinash Shekhar, Co-Founder & CEO, Pi42.
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View Details »Macroeconomic factors, including inflation and interest rate policies, are fueling volatility across risk assets, Shekhar added.
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Edul Patel, Co-founder and CEO of Mudrex, said, “The upcoming Job Openings and Labor Turnover data will be crucial for bulls. A positive outcome could help BTC reclaim $84,000, maintaining momentum above the 200-day moving average.”
Also Read: Trump’s Strategic Bitcoin Reserve plan: What’s next for crypto? Here’s what experts think
Despite the decline, Pi Coin remains up 125% from its all-time low of $0.6152 on February 20, 2025. However, it has dropped nearly 55% from its peak of $2.98 on February 26, 2025, reflecting heightened volatility.
While some institutional investors remain optimistic about the long-term outlook, near-term uncertainty continues to weigh on crypto prices. Analysts say macroeconomic factors will play a key role in shaping market direction in the coming weeks.
Also Read: Kiyosaki rejects Bitcoin ETFs: Why he prefers real BTC over paper assets
Can Pi Coin reach $100?
Pi Coin has yet to cross the $10 mark, but some analysts believe it has potential for significant growth if adoption increases and major exchanges list it. OKX has announced plans to enable Pi Coin trading, provided the network meets listing criteria and completes a successful transition.
For Pi Coin to reach $100, market watchers say it will need strong demand, increased liquidity, and broader acceptance as a digital asset. The success of its Open Mainnet could drive further institutional and retail interest, though regulatory approval and real-world use cases remain key challenges.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
