Trump’s 100% Tariff on China Triggers $250 Billion Crypto Crash: Pi Network’s Picoin Also Hit

The global crypto market has entered a period of sharp volatility following President Donald Trump’s declaration of a 100% tariff on Chinese imports, effective November 1. The announcement has already triggered a massive sell-off, with over $250 billion in market capitalization erased in just days. Among the affected assets is Picoin, the native token of the Pi Network blockchain, which has seen a notable decline in sentiment and speculative value.

This development underscores the fragile relationship between macroeconomic policy and decentralized digital assets. While cryptocurrencies are often touted as immune to traditional financial shocks, the recent downturn reveals how deeply interconnected global markets have become—even in the Web3 era.

The Tariff Announcement and Its Immediate Impact

President Trump’s decision to impose a full-scale tariff on China reignites trade war fears that have long loomed over global markets. The crypto sector, known for its sensitivity to geopolitical shifts, responded swiftly. Bitcoin and Ethereum led the losses, while altcoins across the board—including Picoin—suffered from reduced liquidity and investor confidence.

The timing of the announcement, just weeks before the U.S. presidential election cycle intensifies, adds another layer of uncertainty. Traders and institutions are recalibrating their positions, and decentralized assets are caught in the crossfire.

Picoin’s Position in the Market

Picoin, the native currency of Pi Network, is designed to operate within a closed ecosystem focused on community-driven utility. Unlike many tokens that rely on external exchange listings, Picoin’s value is largely shaped by internal consensus and application use.

However, the broader market crash has affected even insulated ecosystems. Speculative interest in Picoin has waned, and concerns about liquidity and future valuation have surfaced. While Pi Network has not officially listed Picoin on external exchanges, the perception of value remains vulnerable to macroeconomic shocks.

Web3’s Exposure to Global Policy

The current situation highlights a critical truth: Web3 is not immune to global policy decisions. Tariffs, sanctions, and regulatory shifts can ripple through decentralized networks, affecting everything from token prices to developer activity.

For Pi Network, which aims to build a human-centered digital economy, this moment is a test of resilience. The project’s emphasis on verified identity, community participation, and internal utility may offer some insulation—but it cannot fully escape the gravitational pull of global financial sentiment.

President Trump will impose a 100% tariff on China starting November 1. Following this news, the crypto market has lost $250 billion in capitalization so far.$Picoin, the native token of the $Pi Network blockchain has also been damaged.#PiNetwork pic.twitter.com/mBfULBts6E

— Pi Network News (@PiMigrate) October 11, 2025

What Comes Next for Pi Network?

In the short term, Pi Network must navigate a challenging environment. Developers and pioneers will need to focus on strengthening the ecosystem, increasing real-world utility, and reinforcing trust in Picoin’s long-term value.

The Core Team may also need to accelerate plans for open mainnet deployment, ecosystem expansion, and stablecoin integration to counteract external volatility. Transparent communication and strategic partnerships could help stabilize sentiment and attract long-term users.

Conclusion: A Stress Test for Decentralized Economies

President Trump’s tariff announcement has sent shockwaves through the crypto world, and Pi Network is not exempt. While Picoin’s foundational principles offer a unique model for value creation, external forces continue to shape its trajectory.

This moment serves as a stress test—not just for Pi Network, but for the entire Web3 movement. It challenges developers, users, and institutions to rethink how decentralized economies can adapt to global pressures. And in doing so, it may ultimately strengthen the case for crypto as a resilient, inclusive, and transformative force.

Writer @Ellena

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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