
Pi Coin tumbles over 20% as crypto market faces widespread sell-off
Pi Coin plunged over 20% on Friday, hitting an intraday low of $2.26 before recovering to $2.41, still down 12% for the day. The decline came amid a broader crypto market sell-off, which pressured investor sentiment.
Bitcoin fell below $80,000, touching a 3.5-month low as uncertainty over US President Donald Trump's tariff plans, crypto regulations, and a $1.5 billion Ethereum hack rattled markets. Ethereum dropped 7%, while XRP, BNB, and Solana also posted sharp losses.
«After trying to stabilize near $86,000, Bitcoin pulled back to the $80,000 level, mirroring a broader market trend as bulls failed to regain control,» said Alankar Saxena, CTO and co-founder of Mudrex.
Also Read: Robert Kiyosaki sees Bitcoin crash as a buying opportunity, calls it 'Money with Integrity'
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View Details»Despite the decline, Pi Coin remains up 291% from its all-time low of $0.6152 on February 20, 2025. However, it has fallen 20% from its peak of $2.98, reflecting increased volatility in the asset. While some institutional investors remain optimistic about the
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