- By Aditya Pratap Singh
- Tue, 04 Mar 2025 06:37 PM (IST)
- Source:JND
Pi Coin Price Today: Pi network coin traded a bit higher amid massive decline in major cryptocurrencies in the last 24 hours. The crypto market has experienced a bearish trade during the last 24 hours, a day after it skyrocketed after US President Donald Trump announced to set up a crypto reserve of major coins.
At around 6:11 pm, the cryptocurrency of Pi Network was trading 3 percent higher at $1.74. Meanwhile, Pi coin price was doing over 42 percent against its all-time high price of $2.99 and 180.9% higher than its all-time low price of $0.6157.
The value of Pi coin has been trading very volatile since its mainnet was launched on the open platform in February.
Crypto Market Falls 10% In 24 Hours
A day after cryptocurrencies experienced a surge following US President Donald Trump's announcement regarding the US Crypto Strategic Reserves, the market took a sharp downturn on Tuesday as doubts about implementation and regulatory approval dampened investor enthusiasm. Trump's tariff measures on China, Canada and Mexico also played a part in dragging the market.
Bitcoin fell by nearly 10%, while Ethereum and XRP saw declines of over 11%. Solana suffered the most, plummeting 16%, as trade tensions heightened amid new worries about Trump's proposed tariffs.
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As of 6:30 PM, Bitcoin was priced at $83,738.44, down over 9 percent in the last 24 hours. The leading cryptocurrency has experienced a 9.47% loss in the past 24 hours, with a circulating supply of 19.83 million BTC.
Data from CoinGecko indicates that the previous day's gains have been completely wiped out. The broader crypto market mirrored Bitcoin's decline, with major altcoins facing significant losses:
Bitcoin (BTC): Down 10.1% in the last 24 hours
Ethereum (ETH): Down 11%
XRP: Down 11.5%
Solana (SOL): Down 16%
Today's pullback highlights increasing uncertainty regarding the US government's stance on cryptocurrency, along with worries about economic instability stemming from the Trump administration's trade policies.
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