PI crypto is crashing, dipping below the Q2 2025 low before recovering. The drop follows geopolitical tensions with Israel and Iran once again clashing. BTC Bull is among the hottest presales to buy, raising over $7.1 million.
The crypto market is in flux as Bitcoin and some of the best cryptos to buy, including Solana and Dogecoin, are trending lower. With the broader crypto market down 6.2% to $3.36 trillion at press time, other high-quality, low-market-cap altcoins are feeling the brunt. Caught in the crossfire is PI, the currency behind the Pi Network.
Trading at $0.5596 per Coingecko data on June 13, 2025, the currency behind the mobile-first blockchain is sliding fast. At press time, it is down 11% in the past 24 hours, pushing weekly losses to nearly 10%. However, it could be worse for the coin.
The PIUSDT daily chart shows that the sell-off earlier today pushed prices briefly below Q2 2025 lows. At one point, the coin traded at $0.40 and broke out from the brief consolidation of the past 10 days.
(PIUSDT)
While the recovery, forming a hammer, is clear, it doesn’t mean the slide is over. PI has been selling off strongly since late May, and the drop below $0.56 points to the general weakness that buyers must address to prevent further losses.
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Why Is PI Crypto Falling?
The sell-off earlier today follows a widespread drop across the crypto market.
On June 13, 2025, geopolitical tensions in the Middle East are rattling the market. Israel struck several areas in Tehran, Iran, triggering a mass sell-off.
With uncertainty looming over possible Iranian retaliation, traders are cautious and exiting to safe havens should escalation lead to war. As a result, altcoins, including PI, are the first to suffer, a trend that could lead to even more losses in the coming days.
For the Pi Network, the situation is worsened by their delay in mapping migration for users in China.
The outbreak of war in Iran and the negative announcement of delayed mapping migration in the Chinese-speaking area by PCT have caused PI to plummet. This is a golden opportunity to buy the bottom of PI! You can buy a large position and hold PI for a long time at 0.4-0.5… pic.twitter.com/5RQsN90BYC
— Pi Barter Mall来购酷买 (@pibartermall) June 13, 2025
This technical hiccup hasn’t been interpreted positively by PI holders, who see it as an indicator of broader execution issues, especially damaging given the large user base the Pi Network has in Asia.
Beyond this, the recent transfer of 200 million PI from a liquidity reserve to a private wallet is sparking speculation about a possible over-the-counter (OTC) deal that could heap more pressure on prices if the unknown wallet sells.
🐋 Massive Whale Transfers Spark Speculation
Recently, nearly 200 million PI were moved from a liquidity reserve to a private wallet, possibly for OTC (over-the-counter) deals. This has been interpreted as silent accumulation by institutions or large investors.#PiNetwork #Pi2Day… pic.twitter.com/9Sl6kRxglc— Dr.Vincent McPhillip (@PIFilipo) June 13, 2025
This bulk transfer is especially concerning now that the project continues to unlock more coins. On average, the Pi Network has been unlocking 11.4 million PI tokens daily.
(Source)
As expected, with every token unlock, new supply floods the market. If it outpaces demand, PI crypto prices could spiral lower.
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BTC Bull Token: Hottest Presale To Buy In June?
As PI crypto spirals, BTC Bull is a surprise contender and has garnered massive interest from the crypto investor community.
Already considered the hottest presale to buy in June, the project has raised over $7.1 million less than three weeks before the ICO ends.
Currently, each BTCBULL token is trading for just $0.00256.
Those who want to buy BTCBULL can do so using crypto or a bank card directly from the homepage, preferably through the Best Wallet, which can be downloaded from the Apple App Store or Google Play.
Presale investors can also stake, earning a 57% APY yield.
BTC Bull rewards BTCBULL holders with real BTC depending on how fast the Bitcoin price rises.
The first free BTC airdrop will be when BTCUSDT reaches $150,000.
Hold tight, bulls. 🐂
When Bitcoin hits $150K, BTCBULL airdrop goes live.
Step by step. Candle by candle. 🎯 pic.twitter.com/d9ctOBDSDn
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 4, 2025
Afterward, the project will distribute more BTC each time the digital gold rises by $50,000 until the final airdrop when BTCUSDT reaches $1 million.
Additionally, BTCBULL is deflationary. The first portion of BTCBULL will be burned when BTCUSDT reaches $125,000. Afterward, more BTCBULL tokens will be burned as BTCUSDT rises by $25,000.
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PI Crypto Flash Crash: Why Is PI Falling? BTC Bull Raises $7.1M
- PI crypto prices temporarily drop below Q2 2025 low
- The crypto market downturn attributed to geopolitical tensions in the Middle East
- Pi Network delays migration in China
- BTC Bull presale raises over $7.1 million
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