Vietnam.vn - Nền tảng quảng bá Việt Nam

Pi Network Price July 9, 2025: Market Cautious Before Elon Musk's Warning

Pi Network price today 7/9/2025 increased 1.1% compared to yesterday, currently at 0.4614 USD. The market is cautious when Elon Musk warns about the "debt bomb".

Báo Đà NẵngBáo Đà Nẵng09/07/2025

Pi Network Price July 9, 2025 Market Cautious Before Elon Musk's Warning
Impact of US public debt on Pi Network price in international market

Pi Network Price Today 7/9/2025

The price of Pi on the OKX exchange on July 9, 2025 is fluctuating around the price range from 0.454 USD to 0.4641 USD (equivalent to 11,860 VND to 12,130 VND). Thus, at the time of writing, the price of Pi on the OKX exchange increased by 1.1% compared to yesterday, reaching 12,070 VND.

According to information from reputable sources such as CoinGecko and MEXC, the price of Pi on the world market is currently fluctuating between 0.459 and 0.461 USD. However, the trading volume in the last 24 hours has shown signs of a slight decrease, showing that many investors are still cautious when participating. Compared to the beginning of June, the price of Pi has decreased by about 27% and is currently in a fairly low price range, from 0.44 to 0.46 USD.

Looking at the market indicators, the current situation of Pi Network is not too optimistic. Some analytical tools such as RSI or MACD show that buying power is weak, meaning that few people are willing to buy at this time. If Pi price cannot maintain the level of 0.44 USD, it is likely that it can continue to drop to 0.40 USD, a price threshold that experts consider quite sensitive. However, there is still hope that if the Pi Network project announces positive information, such as the official launch of the Mainnet in the next few months, Pi price can increase slightly again. However, the fact that this coin has not been listed by major exchanges such as Binance or Coinbase makes many people hesitant, because this affects the ability to buy and sell and the confidence of investors.

Impact of US public debt on Pi Network price in international market

The United States is facing a serious financial challenge, as the national debt continues to balloon to alarming levels. Instead of finding a way to control the growing budget deficit, US lawmakers have repeatedly opted to raise the debt ceiling – that is, increase the government’s borrowing limit. Billionaire Elon Musk has likened the situation to a “debt bomb on the clock,” implying the potential risk that could cause a major economic crisis if not handled promptly.

Yet policymakers appear to have done little to address the problem. Meanwhile, financial markets are starting to send out warning signals. Investors are increasingly concerned about the United States’ ability to maintain financial stability, especially as public debt is set to surpass $36 trillion by early 2025, or about 122 percent of GDP—its highest level since World War II.

If this situation is left unchecked, experts predict that inflation could rise sharply, causing prices of goods and services to skyrocket. At the same time, the value of the US dollar – the world’s main reserve currency – is at risk of a serious decline. This would not only affect the American people, reducing their purchasing power and increasing the cost of living, but could also have major consequences for global financial markets, given the important role the dollar plays in international trade and finance.

While solutions have been proposed, such as cutting government spending or reforming taxes to increase revenue, lawmakers have yet to reach a consensus on action. Some have suggested creating an independent fiscal commission to come up with long-term solutions, or even amending the Constitution to ensure fiscal sustainability. But political indecision is making the problem worse, pushing the United States closer to a debt crisis.

In this context, the fact that Pi Network's price fluctuated between VND 11,900 - 12,000/PI in Vietnam (equivalent to USD 0.459 - 0.461 in the international market) on July 9, 2025 also partly reflects the cautious sentiment of investors. The instability of the cryptocurrency market, combined with concerns about public debt and inflation in the US, may make it difficult for assets like Pi Network to achieve price stability in the short term. Investors in Vietnam need to closely monitor global economic developments, especially US fiscal policy, to make appropriate decisions.

Source: https://baodanang.vn/gia-pi-network-ngay-9-7-2025-thi-truong-than-trong-truoc-canh-bao-cua-elon-musk-3265293.html


Comment (0)

No data
No data
Discover the poetic beauty of Vinh Hy Bay
How is the most expensive tea in Hanoi, priced at over 10 million VND/kg, processed?
Taste of the river region
Beautiful sunrise over the seas of Vietnam
The majestic cave arc in Tu Lan
Lotus tea - A fragrant gift from Hanoi people
More than 18,000 pagodas nationwide rang bells and drums to pray for national peace and prosperity this morning.
The Han River sky is 'absolutely cinematic'
Miss Vietnam 2024 named Ha Truc Linh, a girl from Phu Yen
DIFF 2025 - An explosive boost for Da Nang's summer tourism season

Heritage

Figure

Business

No videos available

News

Political System

Local

Product