Solana (SOL) traded near $76 with mild selling pressure despite Bitcoin's weekend rally, as traders watch for capital rotation from Bitcoin into large-cap altcoins. SOL's price consolidation suggests a potential breakout or breakdown, with key support around mid-$70s and resistance near $80. Trading volume was mostly on centralized exchanges, indicating short-term positioning rather than strong on-chain demand. The token remains relevant with a market cap of about $44.6 billion, and its price action will likely depend on Bitcoin's continued strength and broader crypto risk appetite.
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Bitcoin dropped nearly 2% below $77,000 after U.S. Producer Price Index data showed a 5.4% year-over-year increase, slightly above expectations. This fueled market bets on a 74% chance of a Federal Reserve rate hike in mid-September. Other cryptocurr...
Solana's real-world asset ecosystem has grown rapidly, surpassing 400,000 unique holders from under 10,000 in January 2025, signaling mainstream adoption. The SOL token trades around $102, showing a 33% gain over the past month but faces critical res...
Bitcoin traded around $77,000, slightly up but under pressure ahead of crucial US inflation data that could influence the Federal Reserve's upcoming interest rate decision. The broader crypto market also faced declines amid rising oil prices and high...
Bitcoin's price outlook is bullish as strong inflows into U.S. spot bitcoin ETFs, totaling over $600 million in early September, support a recovery above $80,000. Producer Price Index data showed slightly higher inflation, but markets had anticipated...
