Why Crypto is Crashing? Bitcoin News, Pi Network Price, Nvidia Stock Plunge

US stock market futures fell sharply at the open, with the Dow down over 300 points and the Nasdaq 100 down 1%. This steep decline in traditional markets has been mirrored in the crypto space, where falling prices signal a growing risk-off sentiment among investors. The downturn reflects heightened caution amid current uncertainties, as market participants brace for further volatility and closely watch economic and geopolitical developments.

Another Sunday selloff in crypto saw Bitcoin drop to $80,000 at 7 pm ET, marking a 7% decline over 24 hours. Despite a brief bounce to $80,700, BTC is headed toward its 2025 low of about $78,000. Other major coins, including Ether, Solana, and XRP, fell similarly, while Cardano and Dogecoin dropped around 12%. On Fox News, President Trump warned his tariff and budget-cutting policies might cause disruptions. US stock index futures also declined by roughly 0.85% overall.

Pi Coin price fell to as low as $1.26 before rebounding to $1.41, representing a 12% daily drop and 16% weekly. This downturn reflects the broader crypto market correction, as Bitcoin briefly plunged to $80,000 and many altcoins are in the red. Additionally, Binance’s inaction on PI trading—despite an 86% community vote in favor of listing—may be dampening liquidity, while other exchanges like Bitget, OKX, and MEXC have already enabled trading.