Solana's price fell to $61, its lowest in 31 months, driven by institutional investors selling off their holdings due to mounting losses. SOL Spot ETFs turned negative after a month of gains, signaling growing bearish sentiment. The altcoin's Relative Strength Index shows strong overselling, suggesting further declines are likely, with $60 as a critical support level and $53 as the next potential floor. This sell-off reflects broader market caution and could lead to continued downward pressure if institutions keep exiting.
Ethereum dropped nearly 22% over a week, falling from $1,700 to $1,545 and triggering massive liquidations of $468 million. This decline dragged total altcoin market capitalization below $880 billion, reflecting a loss of confidence amid a prolonged ...
Solana (SOL) dropped more than 10% in 24 hours, underperforming other major layer-1 cryptocurrencies due to intensified risk-off sentiment and heavy selling pressure. The token fell to around $60.43, marking a 26.5% loss for the week and over 31% in ...
Solana's price dropped to around $60, its lowest in years, driven by a $31.9 million transfer of SOL by major holder Forward Industries to Coinbase Prime, signaling potential sell-off by large investors. The token has lost about 50% since the start o...
Solana (SOL) has dropped below $77 and entered a major accumulation zone between $70 and $50, signaling a potential long-term buying opportunity according to analyst Crypto Patel. On-chain data highlights key support levels at $53, $35, and $24, whic...
Bitcoin briefly dropped below $60,000 following a strong US jobs report that led to a broad market selloff, including stocks, bonds, and cryptocurrencies. The report caused markets to price in higher interest rates for longer, pushing Treasury yields...
