How Low Could Pi Network Price Go if Bitcoin Drops Below $75K After US Midterm Elections?
· price · Sentiment: neutral
Bitcoin's price action post-US midterm elections remains heavily influenced by Federal Reserve policy debates, with markets now pricing in a pause on rate hikes that could support both BTC and gold. Analysts warn that a break below $75,000 would likely trigger further downside across the broader crypto market, including altcoins and ecosystem tokens. Pi Network, still in its pre-mainnet phase with limited liquidity, could see its projected price fall sharply in such a scenario, potentially testing levels well below current community estimates if Bitcoin weakness persists. The consensus highlights elevated downside risk for smaller tokens like Pi if BTC fails to hold key support, underscoring their high beta to Bitcoin's performance.