From Pi Coin to Bitcoin, prices of the major cryptocurrencies in the world are continuously declining. Pi Coin has been one of the most anticipated cryptocurrency in the world as of now. It has crashed 96% in the last 30 days, according to the data available at Binance. Notably, Pi Network’s Open Mainnet was launched officially on February 20 enabling users to transfer their PiCoin outside the network for the first time. With the launch, this PiCoin is now available on prominent cryptocurrency exchanges like OKX, Bitget, and CoinDCX.
Pi Coin has declined over 1% in last 24 hours. Moreover, Bitcoin, world’s largest cryptocurrency, is too on the losing streak. Bitcoin is down over 9.81% and is currently priced at $83,560.96.
Pi Coin To Bitcoin: How Top Cryptocurrencies Are Performing?
Bitcoin: According to CoinMarketCap, Bitcoin costs $83,560.96 as of now. Bitcoin has the total market valuation of $1,657,176,343,851. It has declined 9.81% in the last 24 hours.
Ethereum: According to CoinMarketCap, Ethereum costs $2,083.54 as of now. Ethereum has the total market valuation of $251,469,741,017. It has declined 14.60% in the last 24 hours.
Tether: Tether costs $0.9993 as of now, according to CoinMarketCap. It has the total market valuation of $142,417,269,421. Tether has declined 0.4% in the last 24 hours.
XRP: XPR costs $2.30 as of now, according to CoinMarketCap. It has the total market valuation of $133,323,394,382. XPR has declined 17.68% in the last 24 hours.
BNB: According to CoinMarketCap, BNB costs $561.13 as of now. BNB has the total market valuation of $79,947,961,170. It has declined 8.16% in the last 24 hours.
Pi Coin: According to the Binance data, apiece of PiCoin is priced at $1.6 with a 24-hour trading volume of $103 million. It has declined over 1% in past 24 hours.
Why Top Cryptocurrencies Are Declining?
There are several factors which led to the drop of the major cryptocurrencies. These factors include: market volatility following policy announcements by US President Donald Trump, and implementation of new tariffs by the US President. Moreover, Bybit exchange suffered a major security breach, leading to the loss of around $1.4 billion worth of Ethereum-related tokens and technical market factors also contributed to the decline.
ALSO READ: Pi Coin Crashed 96% In A Month – Here’s The Latest Price, Trading Volume, And Other Details
