Pi Network and Bitcoin’s Falling Correlation Leads to Mass Exodus of Pi Coin Holders

Jakarta, Pintu News – Pi Coin continues to experience a downward trend, with its price slowly approaching an all-time low.

This continued decline was further exacerbated by negative sentiment among investors, which led to more and more coin holders leaving the network.

Pi Coin Investors Begin to Retreat

Reporting from BeInCrypto (14/8), the correlation between Pi Coin and Bitcoin (BTC) continues to decline, now only at 0.52.

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This drop in correlation is a big deal, especially considering the recent surge in Bitcoin’s price, which hit an all-time high in the last 24 hours (14/8).

The weakening correlation between Pi Coin and Bitcoin suggests that this altcoin is struggling to find direction. As Bitcoin’s price skyrockets, Pi Coin’s inability to keep up indicates that investor confidence may be fading.

With Bitcoin in a strong bullish phase, Pi Coin’s misalignment with this trend casts doubt on its near-term recovery prospects.

Investor sentiment towards Pi Coin is increasingly negative, with a clear exit trend from the network in recent days.

As Pi Coin gets closer to its all-time low (ATL), many investors are starting to lose faith in the future potential of this altcoin. This behavior has contributed to the deepening price decline.

This continuous exit from the network is a sign that pessimism is growing, as coin holders are losing interest. Pi Coin’s proximity to ATL further exacerbates the bearish outlook towards it.

With a significant loss of trust, Pi Coin will have to face an uphill battle to regain investor confidence and reverse the current downward trend.

PI Price May Not Sscape the Downward Trend

On August 14, Pi Coin briefly traded at $0.40, attempting to hold at that level as a support level. Although the price is starting to move away from the ATL (All-Time Low), Pi Coin is still stuck in a continuous downward trend.

Read also: Why Are BTC and ETH Dropping Today (August 15)? Here’s What’s Behind the Crypto Decline

Unless there is a significant change in investor sentiment, Pi Coin may struggle to break out of this sustained decline.

With the continued bearish behavior of investors, the price of Pi Coin may drop further towards the next support level of $0.36.

If this support level is unable to hold, Pi Coin could head back towards its ATL of $0.32, wiping out the gains just recorded and potentially paving the way for further losses.

However, if Pi Coin manages to bounce off the support at $0.40, there could be a chance for a recovery. A rise above this level could break the downtrend and push Pi Coin towards $0.44.

This move will be crucial to Pi Coin’s recovery, but it will require great investor confidence as well as significant buying pressure to make it happen.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Pi Coin Holders Continue To Exit As Correlation With Bitcoin Falls. Accessed on August 15, 2025