The PI returns to more than 20 % as the encryption market faces large -scale sales

Bin currency More than 20 % decreased on Friday, as it reached the lowest level of the day at $ 2.26 before recovery to $ 2.41, a 12 % decrease for this day remains. The decrease came amid a sales in the broader encryption market, which pressed the morale of investors.

Bitcoin Lower TrumpCustoms tariff plans, encryption regulations, and $ 1.5 billion ethereum Market penetration. Ethereum decreased by 7 %, while Xrpand BNBAnd Solana It also published sharp losses.

“After the attempt to settle near 86,000 dollars, Bitcoin returned to the level of $ 80,000, reflecting the direction of the broader market as the bulls failed to restore control,” said Alakar Saxina, co -founder of Moderx.

Also read: Robert Keusaki believes that Bitcoin breaks an opportunity to buy, calls it “money with integrity”Despite the decrease, the PI is still 291 % from its lowest level ever at $ 0.6152 on February 20, 2025. However, 20 % of its peak of $ 2.98 decreased, which originally reflects the fluctuation. While some institutional investors are still optimistic about a long -term look, uncertainty in the short term continues to affect encryption prices. Analysts say organizational fears and total economic factors will play a major role in determining the direction of the market in the coming weeks.

Also read: Jim Rogers says Bitcoin is a bubble and will explode one day.

Can Pi Coin reach $ 100?

Pi Coin has yet to cross the threshold of $ 10, but some encryption analysts believe that it has a possibility of great growth in the event of increased adoption and the main exchanges begin to include them. OKX has already announced plans to enable Pi Coin Trading, provided that the network meets its listing standards and complements a successful transition.

Market monitors suggest that in order for the Pi Coin to reach $ 100, it will need a strong demand and increase the trading and wide acceptance liquidity as a digital asset. MainNet’s open success can increase the interests of institutions and retail, but challenges remain in terms of organizational approval and cases of use in the real world.

((Disintegration: Recommendations, opinions and opinions that experts express are their own and do not reflect the views of economic times)