Pi Network Plunges 30% as Negative Bitcoin Correlation Signals Further Decline

Q: How long will it take to read this news story?

The story "Pi Network Plunges 30% as Negative Bitcoin Correlation Signals Further Decline" has 343 words across 25 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Pi Network Plunges 30% as Negative Bitcoin Correlation Signals Further Decline" was covered 1 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

Q: How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news. The outlet is headquartered in United Arab Emirates and publishes an average of 37 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28882300</li><li>URL: https://urolytic.beamstart.com/news/pi-network-plunges-30-as-17477772959271</li></ul>

TheNewsCrypto 1d ago

Pi Network Plunges 30% as Negative Bitcoin Correlation Signals Further Decline - TheNewsCrypto

Quick Summary:

Pi Network has faced a steep 30% decline over the past week, bringing its price to $0.74 and marking a troubling period for the altcoin.

This decoupling comes at a particularly challenging time, as Bitcoin continues showing resilience around $106,000 and approaches potential new all-time highs.

Adding to the negative outlook, technical indicators are supporting a bearish case for Pi coin.