The PI currency decreases by 55 % of the peak, as the encryption market faces wide sale

PI network currency Nearly 55 % decreased to $ 1.38 from its highest level ever from $ 2.98 amid the sale of the broader encryption market, pressing the morale of investors.

Bitcoin fell below $ 77,000, and reached its lowest level in four months with uncertainty about US President Donald Trump’s tariff plans, as well as concerns about US economic growth. Investors feared an escalation of commercial tensions that the economy will slow down and push it to recession. Ethereum decreased by 8 %, while XRP, BNB and Solana also witnessed sharp losses.

After the decrease after Trump rejected Sunday to predict whether the United States had been facing stagnation, which increased the investor’s interests on global economic stability.

“The coding market is witnessing a significant contraction, as Bitcoin decreased less than 80,000 dollars, and Etharium has decreased to its lowest level for 16 months.Sheikhar added that the total economic factors, including inflation policies and interest rates, are working to calm fluctuations through risk origins.

“The upcoming job holes and work rotation data will be decisive for bulls. The positive result BTC can help recover $ 84,000, while maintaining a momentum higher than the moving average for 200 days,” said Edol Patel, co -founder and CEO of Mudrex. Also read: TROMP Strategic Bitcoin Strategic Plan: What is the following for encryption? This is what the experts believeDespite the decrease, Bin currency It still rises by 125 % from its lowest level ever at $ 0.6152 on February 20, 2025. However, about 55 % of its peaks of $ 2.98 on February 26, 2025 fell, reflecting increasing fluctuations.

While some institutional investors are still optimistic about a long -term look, uncertainty in the short term continues to affect encryption prices. Analysts say the total economic factors will play a major role in forming the market trend in the coming weeks.

Also read: Kiyosaki rejects Bitcoin Etfs: Why is the real BTC preferred over paper assets

Can the coin the metal reach $ 100?

Pi Coin did not pass after $ 10, but some analysts believe that it has the possibility to achieve significant growth if the adoption increased and the main exchanges are listed. OKX has announced plans to enable Pi Coin Trading, provided that the network meets the standards of insertion and complements a successful transition.

In order for PI Coin to $ 100, market monitors say it will need a strong demand, increase liquidity and wider acceptance as a digital origin. MainNet’s open success can increase the interest of institutions and retail, although organizational approval and real -world use remains major challenges.

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